{"id":1497,"date":"2026-06-15T23:14:17","date_gmt":"2026-06-15T23:14:17","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=1497"},"modified":"2026-06-15T23:14:17","modified_gmt":"2026-06-15T23:14:17","slug":"ufc-fighters-at-the-white-house-got-paid-with-trump-family-stablecoins-but-an-ethics-expert-says-a-gap-in-the-law-allows-this","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=1497","title":{"rendered":"UFC fighters at the White House got paid with Trump family stablecoins\u2014but an ethics expert says a gap in the law allows this"},"content":{"rendered":"<div>\n<p>This arrangement created an ethics scenario that would otherwise be illegal for most federal officials and could be treated as a crime, said Richard Painter, a former chief White House ethics lawyer in the George W. Bush administration.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1495\">The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year<\/a><\/p>\n<p>\u201cIf a Treasury secretary had a financial interest in World Liberty and then participated in any government matter that had a knowing economic impact on World Liberty, that Treasury secretary very likely would commit a felony,\u201d Painter told <em>Fortune<\/em>.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Under the federal criminal statute 18 U.S.C. \u00a7 208, Painter noted, most executive branch employees are barred from taking part in official matters that clearly affect their own financial interests or those of close associates. The president, vice president, and members of Congress, however, are exempt.<\/p>\n<p>In Trump\u2019s case, that exemption allows him to take part in events that feature World Liberty Financial, which issues USD1. Stablecoins like USD1 are backed by cash and government debt, and their issuers earn interest on those reserves, turning every dollar held in tokens into a steady revenue stream.\u00a0<\/p>\n<p>World Liberty Financial was founded in 2024 by members of Trump\u2019s family and close business associates. Since its creation, it has become one of the most lucrative parts of the president\u2019s portfolio. According to the venture\u2019s \u201cgold paper,\u201d the co\u2011founders include Trump, his three sons, Middle East special envoy Steve Witkoff and Witkoff\u2019s two sons. The document notes that Trump and Witkoff were removed from the listed team after taking office.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1493\">OpenAI and Oracle are building one of America\u2019s biggest data centers in a state where tree mortality tripled last year<\/a><\/p>\n<p>Despite Trump stepping back from the company\u2019s formal governance, his most recent financial disclosure released on Saturday shows he has made more than $57.3 million from sales of World Liberty\u2019s governance token. USD1, launched in 2025 and backed by cash, U.S. Treasuries, and other cash equivalents, now circulates in the billions of dollars, generating tens of millions a year for World Liberty from interest on the reserves that support the stablecoin.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>UFC did not immediately respond to <em>Fortune<\/em>\u2019s questions about which fighters received USD1 payouts, or about how much they received.<\/p>\n<p>The White House did not immediately respond to questions from <em>Fortune<\/em> about whether officials had evaluated potential conflicts of interest in allowing a Trump\u2011linked stablecoin to be used at the event.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1491\">Gavin Newsom accuses Trump of launching political probe into him. The real issue may be his wife\u2019s taxes<\/a><\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The use of USD1 for UFC bonuses exposes how presidential exemptions from key ethics rules blur the line between public duty and private profit.<\/p>\n","protected":false},"author":1,"featured_media":1496,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-1497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-donald-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UFC fighters at the White House got paid with Trump family stablecoins\u2014but an ethics expert says a gap in the law allows this - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=1497\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UFC fighters at the White House got paid with Trump family stablecoins\u2014but an ethics expert says a gap in the law allows this - 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