Trump’s crypto project labelled a ‘scam’ and ‘a good thing’ by DeFi – DL News
- World Liberty Financial launched on Tuesday.
- The project has divided the DeFi community.
- Anthony Scaramucci has labelled it as a “scam.”
“Selfish.”
“A scam.”
”A good thing.”
Reactions to the launch of World Liberty Financial, the crypto project backed by former US President Donald Trump and his sons, were mixed on Tuesday.
Despite some fearing that World Liberty Financial was a high-risk, low-reward endeavour — a “distraction” that could metastasize into a “huge embarrassment” and a boondoggle, as crypto VC Nic Carter put it — others saw it as an opportunity for DeFi.
“[World Liberty Financial] demonstrates a stunningly strong embrace of the industry,” Robert Leshner, founder of decentralised lending platform…
