Donald Trump Jr. on Wednesday dismissed criticism that a crypto venture tied to his family had any potential conflicts of interest, as his firm, World Liberty Financial, seeks global investors.

Concerns that World Liberty Financial investors may be seeking favor with the Trump administration are "complete nonsense," Trump Jr. told CNBC on the sidelines of Token2049, a prominent crypto conference in Singapore.

"I don't think anyone actually believes that my father or [Zach's] father would be looking at ledgers on the blockchain to see who bought what, and that carrying any kind of favor," he said.

The U.S. President's eldest son, who is a co-founder of World Liberty Financial, was accompanied at the event by the firm's CEO Zach Wilkoff, son of Steve Witkoff, U.S. Special Envoy to the Mid

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