Internet reports that World Liberty Financial responded to the investigation by U.S. Senator Richard Blumenthal through its law firm BakerHostetler, saying the investigation was "fundamentally flawed." Blumenthal has previously accused the company's USD1 stablecoins of possible violations of federal law and questioned the Trump family's connection to the project. World Liberty Financial emphasized that USD1 is a stablecoin fully backed by U.S. Treasury bonds and cash equivalents, aiming to enhance the global status of the US dollar and expand financial inclusiveness. The company said its mission is to strengthen rather than weaken the role of the dollar, especially in providing dollar financial instruments in underserved areas. The company also explicitly denied any connection with Fight LLC, the company behind Trump's memecoin. Zach Witkoff, co-founder of World Liberty Financial, said on social media: "We are not intimidated by politically motivated politicians, we are busy building. "