The Trump family’s wealth is now dominated by cryptocurrency after World Liberty Financial (WLF) launched trading of its WLFI token on 0 event involved the company unlocking 24.6 billion tokens to create the initial circulating supply, which briefly pushed WLFI’s price to $0.40 before it fell to about $0.21. Trump Family’s WLFI Stake Tops $6B The launch opened WLFI to the public for the first time, allowing the token to be bought and sold on 1 to a Wall Street Journal report, WLFI saw heavy trading in its opening hours, with roughly $1 billion worth of tokens 2 Binance, the price ranged between $0.24 and $0.30. At the higher price, Monday’s unlocking gave the Trump family’s stake a valuation of over $6 3 has now become the largest part of the First Family’s 4 WLFI, entities linked to them control around 80% of TRUMP, a meme coin worth several billion dollars.
A Trump-owned trust also holds just over half of Trump Media, which runs Truth Social and invests in cryptocurrencies, with that stake valued at about $2.5 5 project has taken several steps to support 6 summer, it acquired a publicly listed firm and raised $750 million in cash to buy the 7 deal stands to bring them about $500 million since they retain up to three-quarters of revenues from token 8 critics have raised concerns that World Liberty could be used to influence the Trump family, noting that its growth has been supported by partners and investors seeking connections with the White 9 instance, after initially missing fundraising targets, the company received a $75 million purchase from Justin Sun, who has been under SEC scrutiny since 2023 but recently secured a pause in the case.
However, White House press secretary Karoline Leavitt countered this argument, noting that “neither the president nor his family have ever engaged, or will ever engage, in conflicts of interest.” The project’s chief executive, Zach Witkoff, also described it as a private business that does not participate in 10 Users Report Token Thefts in Phishing Attacks Elsewhere, the crypto project has faced recent security concerns, with some users reporting that WLFI tokens purchased in the private sale were stolen by 11 X user, FUGUIHK, described how a friend’s MetaMask wallet was phished, resulting in all assets being 12 to the post, after transferring small amounts of U and ETH into the compromised wallet, the funds were automatically moved to the attacker’s 13 noted that attempts to transfer tokens into or out of the WLFI lockbox required gas fees, which were also captured by the 14 founder of blockchain security firm SlowMist has since responded, explaining that the incident involved a classic EIP-7702 phishing 15 victim’s private key had been leaked, allowing malicious actors to set up an exploit mechanism tied to the wallet 16 means that any attempt to move remaining tokens, including WLFI placed in the lockbox contract, would trigger automatic transfers to the 17 a follow-up post, they added that these incidents are part of a wider pattern of scams targeting the token’s holders.
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