Trump’s Dubious Crypto Scheme Falls Flat on Its Face Immediately After Going Live
Remember when Trump called crypto a “scam?”
Crash and Burn
The website of Donald Trump’s cryptocurrency project, World Liberty Financial (WLFI), crashed within hours of launching sales of its token that is supposed to raise hundreds of millions of dollars, CoinDesk reports.
Spoiler: it’s not making anywhere near that money.
The crash was due to heavy web traffic, according to WLFI advisor Sandy Peng, who told CoinDesk that “the team wasn’t expecting this level of interest.” Self-own, much?
But despite the flood of users, few actually opened their wallets.
Before the website went dark, Etherscan blockchain data showed just 3,000 unique wallet addresses held the Trump-backed WLFI tokens, per CoinDesk. As of Wednesday, it’s climbed to a little…
