trump family crypto venture: World Liberty Financial crypto venture: How the Trump family took control, amassed millions, and ignited decentralization controversy
World Liberty Financial (WLF), a crypto venture aiming to disrupt the financial services industry, raised over $550 million in a bold move to bring cryptocurrencies to the masses. But behind the scenes, the Trump family quickly gained control, setting up a deal that allowed them to pocket the lion’s share of the funds. While the platform remains in development, the family’s strategic involvement raises questions—both in terms of the project’s governance and its ethical implications.
How did World Liberty financial raise $550 Million?
World Liberty Financial, launched in fall 2024, set out to revolutionize finance by creating a decentralized platform where users could access financial services without relying on traditional banks….
