Marc Filippino

It's eased regulations in a way that has been pretty unprecedented.

But I want to talk to you about this crypto tycoon that I introduced a little earlier, Jill.

His name is Justin Sun.

Why is he suing World Liberty?

So a real downfall in this relationship between Sun and World Liberty and the Trumps.

How has World Liberty responded to all this?

Jill, do you think this is the beginning of some serious cracks in the relationship between the Trump administration and the broader crypto sector?

They had grown so close over the past couple of years.

Jill Shaw is the FT's U.S.

trading and crypto correspondent.

Thanks so much, Jill.

Before we go, Italy could end up making it to the World Cup after all.

At the end of March, Italy suffered a humiliating loss to Bosnia.

That meant they did not qualify for this year's tournament.

But a top envoy to U.S.

President Donald Trump has actually asked FIFA to let Italy play instead of Iran.

Here's the key part.

This special envoy is Paolo Zampoli, who is Italian and immigrated to the U.S.

in the 1990s.

He told the FT that Italy's four World Cup titles justify it competing in place of Iran.