Article 6X9AF Trump cabinet member’s links to El Salvador crypto firm under scrutiny

Trump cabinet member’s links to El Salvador crypto firm under scrutiny

by
Jason Wilson
from US news | The Guardian on (#6X9AF)

Commerce chief Howard Lutnick's firm backed controversial crypto giant Tether as Bukele ties deepened

Trump administration's commerce secretary, Howard Lutnick, and his family have had extensive business interests linked to El Salvador, whose authoritarian leader Nayib Bukele has grown close to the White House and who has courted controversy by imprisoning people deported from the US in an immigration crackdown.

El Salvador also plays host to a booming cryptocurrency and new media industry, which has numerous ties to Donald Trump allies who are seeking to make money from various ventures which have sometimes drawn the attention of authorities or ethics watchdogs.

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