Trump’s Crypto Company World Liberty Financial Is A Disaster

Photo: Spencer Platt/Getty Images

It has hardly been a month since presidential candidate Donald Trump started hawking digital tokens in something called World Liberty Financial, a loosely defined lending business that mimicked some of the more spectacular failures of the last crypto bubble. Basic questions about the business — What exactly is it? How does it work? What is newly matriculated NYU freshman Barron Trump doing as one of the company’s “Web3 Ambassadors”? — have gone unanswered. And if the point of World Liberty Financial is simply to raise a ton of money through…

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