World Liberty Financial, the Trump family crypto project, is among the industry’s riskiest investments, according to a new ratings firm.

On Thursday, it received a DDD rating from CORE3, which aims to push DeFi protocols, centralised exchanges and crypto firms to shore up their security and increase transparency by assessing them on the probability that users could lose funds through them.

“The industry still suffers from all the same problems it had when I joined in 2017,” Dyma Budorin, CEO of HAI Group, the firm behind CORE3 and blockchain security firm Hacken, told DL News.