Donald Trump Jr. has denied that his family’s venture into cryptocurrency could result in multibillion-dollar conflicts of interest.

President Donald Trump’s eldest son dismissed concerns that investors may back World Liberty Financial—the digital token launched by the Trump family—to curry favor with the administration as “complete nonsense.”

“I don’t think anyone actually believes that my father or [co-founder of World Liberty Financial Zach Witkoff’s] father would be looking at ledgers on the blockchain to see who bought what, and that carrying any kind of favor,” Trump Jr. told CNBC at the Token2049 crypto conference in Singapore.

Zach Witkoff is the son of U.S. special envoy Steve Witkoff. He also rejected claims that his close connection to the Trump administration could amount

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