World Liberty Financial, a decentralized platform linked to Donald Trump and his family, recently moved more than $350 million in cryptocurrencies including Ethereum, Wrapped Bitcoin, and other Ethereum-based tokens.
Crypto Outflows and Exchange Transfers
According to data, most of World Liberty Financial's assets were moved to unlabeled wallets, with a sizable portion of Ethereum being sent to Coinbase Prime, a brokerage service for institutional investors.
Rumors of Token Swaps and Cashing Out
In light of recent token movements, there are rumors that WLFI might engage in token swaps with other crypto projects, but the project denies major sell-offs.
Trump Family's Crypto Ambitions
World Liberty Financial has become a platform for promoting the crypto initiatives of the Trump family, with Donald Trump as the Chief Crypto Advocate and his sons serving as Web3 Ambassadors.
Despite the suspicions of asset sales, World Liberty Financial continues its strong push toward expanding its decentralized platform closely tied to Trump's name.