• 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

Wall Street Shifts Focus to Emerging Markets

chest

Wall Street is increasingly bullish on emerging market stocks, reflecting confidence in global economic conditions.

user avatarMaria Gutierrez

Small-Cap Stocks Surge as Investors Shift Focus

chest

Investors are increasingly favoring small-cap stocks over large-cap companies, with the Russell 2000 index showing significant gains.

user avatarArif Mukhtar

Investment in Digital Skills Critical for Future Growth

chest

Investment in digital skills is essential for organizations to enhance productivity and drive innovation, according to KPMG's Global Tech Report 2026.

user avatarDavid Robinson

Managing AI Agents to Become Essential Skill by 2031

chest

A KPMG report indicates that managing AI agents will be a critical skill for industry leaders within the next five years.

user avatarJacob Williams

Brent Crude Price Fell Today Even as US Oil Production Took a Hit

chest

Brent Crude price fell to $65.15 per barrel on January 27, 2026, despite significant disruptions in US oil production due to a winter storm.

user avatarAndrew Smith

eToro: The Social Investment Network

chest

eToro revolutionizes trading with its social trading feature, allowing users to copy successful traders.

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.