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Trump's Cryptocurrency Business Faces Ethics Rules Scrutiny in Indonesia

Guavy AI Editorial Team
Instruments
TRU
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US President Donald Trump's cryptocurrency business is facing ethics rules scrutiny.

The company, TRU, was founded by Trump and his son in 2020, but its operations have been shrouded in mystery due to a lack of transparency. However, recent reports suggest that the company may be violating Indonesian financial regulations.

According to a report by Pluang, a financial application developed by PT Bumi Santosa Cemerlang, TRU's cryptocurrency business is not properly licensed or registered with the Financial Services Authority of Indonesia (OJK).

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