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International Business Times
International Business Times
Business
Marvie Basilan

Will Trump Gain $390M From $550 Million $WLFI Token Sales? Crypto Users Blast 'Audacity'

WLFI Barron Trump Crypto United States Donald Trump World Liberty Financial DeFi World Liberty Zach Witkoff
The crypto community raised multiple red flags in World Liberty Financial's "gold paper" when it was published late last year. (Credit: WLFI Gold Paper / Screenshot)

KEY POINTS

  • Crypto outlets reported that Trump and his associates netted 75% ($390 million) from the token sales
  • Crypto analyst Tyler said he doesn't think Trump will get 75% of the token sales proceeds
  • Crypto users criticized the 'audacity' of the Trumps should the early calculations turn out to be accurate

U.S. President Donald Trump and his associates have reportedly netted $390 million from the second round of token sales by the World Liberty Financial (WLFI) DeFi project, but questions are being raised on whether there has been a misinterpretation of the project's much-debated "gold paper."

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