• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Family Crypto Project Under Scrutiny: World Liberty Financial

user avatar

by Giorgi Kostiuk

a year ago

  1. The Problem Begins
  2. Past Connections
  3. Expert Opinions


    4. The launch of the Trump family's new crypto project, World Liberty Financial, has immediately sparked a wave of criticism and suspicion. Central to the controversy are the individuals involved in the project and their past.

    The Problem Begins

    Donald Trump's elder sons, Eric Trump and Donald Trump Jr., are 'ambassadors' of World Liberty Financial. However, the project has already faced accusations. According to CoinDesk, the company was formerly known as 'The Defiant Ones' and is linked to figures involved in a $1.8 million loss through Dough Finance.

    Past Connections

    The founders of World Liberty Financial, Zachary Folkman and Chase Herro, were previously involved in creating Dough Finance, which lost $1.8 million in a flash-loan attack. Recent posts by Trump on social media have drawn additional attention to the project.

    I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity…Donald J. Trump

    Expert Opinions

    Many experts, like crypto venture capitalist and Trump supporter Nic Carter, express doubts about the project. He believes that the creation of World Liberty Financial is a mistake that could damage Trump's reputation and lead to legal troubles.

    This is a huge mistake. It looks like Trump’s inner circle is just cashing in on his recent embrace of crypto in a kind of naive way, and frankly it looks like they’re burning a lot of the goodwill that’s been built with the industry so far.Nic Carter

    The World Liberty Financial project raises a lot of controversies and accusations, which could seriously affect Donald Trump's reputation and that of his entourage. The situation's further development should be closely monitored.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Republic Europe Launches SPV for Kraken Retail Investors

chest

Republic Europe has launched a Special Purpose Vehicle (SPV) on January 26, 2026, allowing European retail investors to indirectly invest in Kraken shares prior to its expected initial public offering.

user avatarSon Min-ho

Worldcoin WLD Sees Significant Price Surge Amid OpenAI Rumors

chest

Worldcoin's token WLD surged by 40% following rumors of OpenAI's exploration into a human verification social network.

user avatarAyman Ben Youssef

SubQuery Network Launches AI Agents for Enhanced Blockchain Queries

chest

SubQuery Network has launched AI agents via Hermes and AskSubQuery, enhancing blockchain data queries across over 300 networks.

user avatarTando Nkube

Nexchain Introduces AI-Driven Layer1 with Revenue Sharing

chest

Nexchain is an AI-focused Layer1 blockchain that combines scalability and user rewards.

user avatarNguyen Van Long

IPO Genie Opens Private Market Opportunities

chest

IPO Genie provides everyday users access to private market and pre-IPO investment data.

user avatarKofi Adjeman

APEMARS APRZ Offers Substantial Returns for Early Investors

chest

APEMARS APRZ is currently offering an incredible opportunity for early investors with its Stage 5 pricing set at 0.000003629, allowing for substantial token acquisition and projected returns of 15,000%.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.