Special Envoy Witkoff faces asset dilemma; failure to divest Trump-related crypto assets can create conflicts of interest

According to Coinjie.com, the White House said that Witkoff has not yet divested its cryptocurrency assets, including shares in World Liberty Finance, a company linked to the Trump family, which may bring conflicts of interest to the envoy. A White House official said Witkoff has completed its financial disclosure and is currently working with ethics officials and legal counsel to ensure full compliance with government regulations, including taking all necessary legal steps to complete the divestiture. The process of determining which assets an official appointee needs to divest may turn into a negotiation game with ethical officials. If there is a long-term dispute over "what assets constitute conflict of interest", Witkoff may face legal risks—especially when he is heavily involved in specific matters related to his personal economic interests, which could violate the Criminal Law Conflict of Interest Act. Government ethics requires cabinet members and other senior officials to divest assets that may cause financial conflicts of interest, but the president is not subject to these restrictions.