World Liberty Financial, the Trump family’s outrageously corrupt cryptocurrency venture, has scrambled to launch a WLFI governance token buyback program after the Republican defeat in the 2026 midterm elections this week sent its value spiraling by about 10%… so far.

Reuters reported the buyback is “funded by an initial allocation that could include revenue generated from reserves backing ​its USD1 stablecoin and other sources,” and the company has portrayed it as a way to both encourage participation in governance and increase the voting power that long-term token holders have. World Liberty didn’t say how much it plans to spend. There’s also another way of looking at it: Reuters noted the token is down…