1.46M
6.67M
2025-08-23 14:00:00 ~ 2025-09-01 12:30:00
2025-09-01 14:00:00 ~ 2025-09-01 18:00:00
Total supply100.00B
Resources
Introduction
World Liberty Financial, Inc., inspired by the vision of Donald J. Trump, aims to usher in a new era of decentralised finance (DeFi). Its mission is to democratise financial opportunities and strengthen the global status of the US dollar through USD-backed stablecoins and DeFi applications.
Original Title: Crypto Crash Is Eroding Wealth for Trump's Family and Followers Original Authors: Tom Maloney, Annie Massa, Bloomberg Original Translation: Luffy, Foresight News During Donald Trump's second presidential term, crypto assets changed the wealth landscape of his family. Now, the Trump family and its followers are experiencing firsthand the inherent volatility of cryptocurrencies. Since August, the value of the Trump-named memecoin TRUMP has dropped by about a quarter; Eric Trump (Trump's second son) has seen his holdings in a bitcoin mining company shrink by nearly half from their peak; and the Trump Media & Technology Group, which began accumulating bitcoin this year, has seen its stock price fall to near historic lows. On September 16, Eric Trump speaks at the Nasdaq bell-ringing ceremony for American Bitcoin Company The recent sell-off is part of a broader crypto market crash, with the total crypto asset market capitalization evaporating by over 1 trillion dollars. According to the Bloomberg Billionaires Index, the Trump family's wealth has shrunk from 7.7 billion dollars in early September to about 6.7 billion dollars, with the decline mainly directly related to the family's expanding crypto-related investment portfolio. These investments involve complex transactions, far beyond direct bets on cryptocurrencies. Ordinary investors now have more channels to participate in Trump-related crypto projects, which means they may face greater losses. For example, anyone who bought TRUMP at its price peak after the memecoin was announced during Trump's inauguration weekend would have lost almost all their investment by this month. Eric Trump says he remains confident. He has repeatedly urged investors to double down, maintaining this view even during the crypto market downturn. "This is an excellent buying opportunity," he said in a statement to Bloomberg News. "Those who buy the dip and embrace volatility will ultimately be winners. I have never been more optimistic about the future of bitcoin and the modernization of the financial system." Indeed, since its inception in 2009, bitcoin has experienced multiple sharp crashes, but has ultimately reached new highs over time. However, the Trump family's crypto holdings have a buffer mechanism. Although the tokens and crypto-related company stocks they hold have fallen sharply, they can still profit through other avenues in the crypto industry. Take their jointly founded crypto project World Liberty Financial as an example: although the book value of the tokens held by the Trump family has shrunk, regardless of price fluctuations, they still have the right to a proportional share of the proceeds from token sales. "Retail investors can only speculate," said Jim Angel, a finance professor at Georgetown University, "but the Trump family can not only speculate, they can also issue tokens, sell tokens, and profit from these transactions." Below is an overview of the performance of the Trump family's crypto-related assets during this crash. Trump Media & Technology Group: Loss of 800 million dollars The stock price of Trump Media & Technology Group, the parent company of the Truth Social platform, hit a historic low on Wednesday. Part of the reason for the decline may be poorly timed crypto investments. Since September, Trump's holdings in the company have shrunk by about 800 million dollars. He is the company's largest shareholder, with his shares held through a trust overseen by his eldest son, Donald Trump Jr. Trump Media & Technology Group's stock price has plunged 66% over the past year The unprofitable Trump Media & Technology Group has been trying several new businesses, including in the crypto sector. According to a July statement, the company has spent about 2 billion dollars buying bitcoin and options. It holds about 11,500 bitcoins purchased at about 115,000 dollars per coin, and this position has now accumulated a loss of about 25%. In addition, the company has started accumulating CRO, a niche token issued by Singapore crypto exchange Crypto.com. As of the end of September, Trump Media held CRO tokens worth about 147 million dollars, which have since halved in value. Trump Media has also partnered with Crypto.com on other ventures, with plans to launch a prediction market platform called Truth Predict, allowing users to bet on sports and political events. World Liberty Financial: Book Loss of Nearly 3 Billion Dollars The Trump family's core crypto project, World Liberty Financial, has issued its own token, WLFI. The token price has dropped from 26 cents in early September to about 15 cents. The book value of WLFI tokens held by the Trump family was close to 6 billion dollars at its peak, but has now shrunk to about 3.15 billion dollars. (These tokens are not included in the Bloomberg Billionaires Index's family wealth estimate, as they are currently locked and cannot be traded.) World Liberty Financial official website In August this year, the company sold some tokens to a small listed company, Alt5 Sigma Corp. The timing was just right: World Liberty Financial received 750 million dollars in cash and some equity through the deal. But Alt5's investors may not have been so lucky. Since the deal was announced, Alt5's stock price has dropped about 75%. The value of the Alt5 equity held by the Trump family through World Liberty Financial has shrunk by about 220 million dollars, but they still profited from the deal. According to Bloomberg calculations, the Trump family received about 75% of the proceeds from the World Liberty Financial token sale, earning 500 million dollars from the Alt5 deal alone, and about 400 million dollars from previous WLFI token sales. "Cryptocurrencies are here to stay," a World Liberty Financial spokesperson said in a statement. "We have long-term confidence in the rapidly maturing technology underpinning crypto assets and believe these technologies will revolutionize financial services." American Bitcoin: Loss of at Least 330 Million Dollars About two months after Trump's inauguration, his family got involved in another new crypto project. Eric Trump and Donald Trump Jr. engaged in a series of complex transactions with crypto company Hut 8 Corp.: Hut 8 exchanged its own bitcoin miners for a majority stake in the newly formed American Bitcoin Corp. Eric Trump holds about 7.5% of American Bitcoin, which is now listed on Nasdaq (stock code ABTC), while Donald Trump Jr. holds a small undisclosed stake. ABTC's stock price peaked at 9.31 dollars (UTC+8) in early September, when Eric's stake was worth about 630 million dollars. Since then, the stock price has fallen by more than half, causing the family's wealth to shrink by more than 300 million dollars. However, this deal remains one of the clearest cases of the Trump family earning hundreds of millions in new wealth from recent crypto-related business. If investors bought shares when ABTC was listed, they have now lost 45%. ABTC's spokesperson did not respond to requests for comment. Trump Memecoin: Loss of Nearly 120 Million Dollars, 220 Million Dollars in Tokens Unlocked This memecoin has continued to plunge since it was announced during the presidential inauguration weekend, dropping a further 25% since the end of August. The Trump family's holdings in this token are not transparent. Risk modeling firm Gauntlet found that months after the token's launch, wallets associated with the issuance held nearly 17 million tokens, with another 17 million transferred to crypto exchanges. In July this year, another 90 million tokens were unlocked and put into circulation. The Bloomberg Billionaires Index, based on the Trump family's stake in World Liberty Financial, counts 40% of the total supply of this memecoin as part of the Trump family's wealth. At current prices, these tokens are worth about 310 million dollars, down about 117 million dollars since the end of August. However, according to the index, the Trump family's token holdings have increased significantly. Some tokens held by insiders and issuers were previously locked and will gradually unlock over three years. According to data from crypto research firm Messari, after the unlocking event in July (UTC+8), insiders unlocked nearly 90 million additional Trump memecoins, with about 40% counted as belonging to the Trump family by the Bloomberg Wealth Index. These newly unlocked tokens are worth about 220 million dollars, meaning the total value of the family's holdings has increased. It is unclear whether the Trump family has sold any of these tokens since July. Recommended Reading: Rewriting the 2018 script: Will the end of the US government shutdown = a bitcoin price surge? 1 billion dollars in stablecoins evaporated: What's the truth behind the DeFi domino crash? MMT short squeeze review: A carefully designed money grab game
Original Title: Crypto Crash Is Eroding Wealth for Trump's Family and Followers Original Authors: Tom Maloney, Annie Massa, Bloomberg Translated by: Luffy, Foresight News During Donald Trump's second presidential term, crypto assets changed the wealth landscape for his family. Now, the Trump family and its followers are experiencing firsthand the inherent volatility of cryptocurrencies. Since August, the value of the Trump-named memecoin TRUMP has dropped by about a quarter; Eric Trump (the president's second son) has seen his stake in a bitcoin mining company shrink by nearly half from its peak; and Trump Media & Technology Group, which began accumulating bitcoin this year, has seen its stock price fall to near all-time lows. On September 16, Eric Trump speaks at the Nasdaq bell-ringing ceremony for American Bitcoin Corp. The recent sell-off is part of a broader crash in the crypto market, with the total value of crypto assets evaporating by over 1 trillion dollars. According to the Bloomberg Billionaires Index, the Trump family's wealth has shrunk from 7.7 billion dollars in early September to about 6.7 billion dollars, with the decline mainly linked directly to the family's expanding crypto-related investment portfolio. These investments involve complex transactions, far beyond just direct bets on cryptocurrencies. Ordinary investors now have more channels to participate in Trump-related crypto projects, and may therefore face greater losses. For example, any speculator who bought TRUMP at its price peak after the memecoin was announced during Trump's inauguration weekend would have lost almost all their investment by this month. Eric Trump says he remains confident. He has repeatedly urged investors to double down, maintaining this stance even during the crypto market downturn. "This is a fantastic buying opportunity," he said in a statement to Bloomberg News, "Those who buy the dip and embrace volatility will ultimately be the winners. I have never been more optimistic about the future of bitcoin and the modernization of the financial system." Indeed, since its inception in 2009, bitcoin has experienced several major crashes, but has ultimately reached new highs over time. However, the Trump family's crypto holdings have a buffer mechanism. Although the tokens and crypto-related company stocks they hold have fallen sharply, they can still profit through other avenues in the crypto industry. Take their jointly founded crypto project, World Liberty Financial, as an example: although the book value of the tokens held by the Trump family has shrunk, regardless of price fluctuations, they are still entitled to a proportional share of the proceeds from token sales. "Retail investors can only speculate," said Jim Angel, a finance professor at Georgetown University, "but the Trump family can not only speculate, they can issue tokens, sell tokens, and profit from these transactions." Below is an overview of how the Trump family's crypto-related assets have performed during this crash. Trump Media & Technology Group: 800 Million Dollar Loss The stock price of Trump Media & Technology Group, parent company of the Truth Social platform, hit a record low on Wednesday. Part of the reason for this decline may be poorly timed crypto investments. Since September, Trump's stake in the company has shrunk by about 800 million dollars. He is the largest shareholder, with his shares held through a trust overseen by his eldest son, Donald Trump Jr. Trump Media & Technology Group's stock price has plunged 66% over the past year The unprofitable Trump Media & Technology Group has been experimenting with several new businesses, including in the crypto sector. According to a July statement, the company has spent about 2 billion dollars buying bitcoin and options. Its roughly 11,500 bitcoins were purchased at about 115,000 dollars each (UTC+8), and this position is now down about 25%. In addition, the company has started accumulating CRO, a niche token issued by Singaporean crypto exchange Crypto.com. As of the end of September, Trump Media held CRO tokens worth about 147 million dollars (UTC+8), which have since lost nearly half their value. Trump Media has also partnered with Crypto.com on other ventures, with plans to launch a prediction market platform called Truth Predict, allowing users to bet on sports and political events. World Liberty Financial: Nearly 3 Billion Dollar Book Loss The Trump family's core crypto project, World Liberty Financial, has issued its own token, WLFI. The token's price has dropped from 26 cents in early September to about 15 cents (UTC+8). The book value of the WLFI tokens held by the Trump family peaked at nearly 6 billion dollars and has now shrunk to about 3.15 billion dollars. (These tokens are not included in the Bloomberg Billionaires Index's estimate of the family's wealth, as they are currently locked and cannot be traded.) World Liberty Financial official website In August this year, the company sold some tokens to a small listed company, Alt5 Sigma Corp. The timing was perfect: World Liberty Financial received 750 million dollars in cash and some equity through the deal (UTC+8). But Alt5's investors may not have been so lucky. Since the deal was announced, Alt5's stock price has dropped about 75% (UTC+8). The value of the Alt5 equity held by the Trump family through World Liberty Financial has shrunk by about 220 million dollars, but they still profited from the deal. According to Bloomberg's calculations, the Trump family received about 75% of the proceeds from World Liberty Financial's token sales, earning 500 million dollars from the Alt5 deal alone, and about 400 million dollars from previous WLFI token sales. "Cryptocurrencies are here to stay," a World Liberty Financial spokesperson said in a statement, "We have long-term confidence in the rapidly maturing technology underpinning crypto assets and believe these technologies will revolutionize financial services." American Bitcoin: At Least 330 Million Dollar Loss About two months after Trump's inauguration, his family got involved in another new crypto project. Eric Trump and Donald Trump Jr. engaged in a series of complex transactions with crypto company Hut 8 Corp.: Hut 8 exchanged its own bitcoin mining machines for a majority stake in the newly established American Bitcoin Corp. Eric Trump holds about 7.5% of American Bitcoin, which is now listed on Nasdaq (stock code ABTC), and Donald Trump Jr. holds a small undisclosed stake. ABTC's stock price peaked at 9.31 dollars in early September (UTC+8), when Eric's stake was worth about 630 million dollars. Since then, the stock price has dropped by more than half, causing the family's wealth to shrink by over 300 million dollars. However, this deal remains one of the clearest examples of the Trump family earning hundreds of millions of new wealth through recent crypto-related business. If investors bought ABTC shares at listing, they are now down 45% (UTC+8). ABTC's spokesperson did not respond to requests for comment. Trump Memecoin: Nearly 120 Million Dollar Loss, 220 Million Dollars in Tokens Unlocked This memecoin has been in continuous decline since it was announced during the presidential inauguration weekend, and has fallen a further 25% since the end of August (UTC+8). The Trump family's holdings in this token are not transparent. Risk modeling firm Gauntlet found that several months after the token's launch, crypto wallets associated with the issuance held nearly 17 million tokens, with another 17 million transferred to crypto exchanges. In July this year, another 90 million tokens were unlocked and put into circulation. The Bloomberg Billionaires Index, based on the Trump family's stake in World Liberty Financial, counts 40% of the total supply of this memecoin as part of the Trump family's wealth. At current prices, these tokens are worth about 310 million dollars, down about 117 million dollars since the end of August (UTC+8). However, according to the index, the Trump family's token holdings have increased significantly. Some tokens held by insiders and issuers were previously locked and will gradually unlock over three years. According to data from crypto research firm Messari, after the July unlock event, insiders unlocked nearly 90 million more Trump memecoins, with about 40% counted as belonging to the Trump family by the Bloomberg Wealth Index. These newly unlocked tokens are worth about 220 million dollars (UTC+8), meaning the total value of the family's holdings has increased. It is not yet clear whether the Trump family has sold any of these tokens since July.
Original Article Title: Crypto Crash Is Eroding Wealth for Trump's Family and Followers Original Article Authors: Tom Maloney, Annie Massa, Bloomberg Original Article Translation: Luffy, Foresight News During Donald Trump's second term as president, cryptocurrency has reshaped the wealth landscape of his family. Today, the Trump family and its followers are experiencing firsthand the inherent volatility of cryptocurrency. Since August, a memecoin named after Trump, TRUMP, has plummeted in value by about a quarter; Eric Trump (Trump's second son) has seen his stake in a Bitcoin mining company shrink by nearly half from its peak; and the Trump Media & Technology Group, which started accumulating Bitcoin this year, has seen its stock price plummet to near historic lows. On September 16, Eric Trump speaks at the Nasdaq bell-ringing ceremony for a U.S. Bitcoin company. The recent sell-off is part of a broader cryptocurrency market crash, with the total market value of all crypto assets plunging by over $1 trillion. According to the Bloomberg Billionaires Index, the Trump family's wealth has shrunk from around $7.7 billion in early September to approximately $6.7 billion, with the decline largely tied to the family's steadily expanding cryptocurrency-related investment portfolio. These investments involve complex trades, far beyond just a direct bet on cryptocurrency. Retail investors now have more avenues to participate in Trump-related crypto projects, potentially leading to greater losses. For example, anyone who speculated by buying TRUMP at its peak after Trump announced the memecoin launch over his inauguration weekend in January would have lost almost their entire investment value this month. Eric Trump has expressed confidence, stating that he remains bullish. He has repeatedly urged investors to double down, maintaining this view even during a downturn in the cryptocurrency market. “This is a prime buying opportunity,” he said in a statement to Bloomberg News. “Those who buy the dip and embrace volatility will ultimately emerge as winners. I have never been more optimistic about the future of Bitcoin and the modernization of the financial system." Indeed, since its inception in 2009, Bitcoin has experienced several major price drops, but has ultimately set new highs over time. However, the Trump family's crypto asset holdings have a buffer mechanism. Despite the significant decline in the value of the tokens they hold and shares of crypto-related companies, they can still profit through other avenues in the cryptocurrency industry. Take, for example, their jointly founded crypto project World Liberty Financial: While the Trump family's holding of associated tokens has decreased in book value, regardless of price fluctuations, they still have the right to a proportional share of the token sale proceeds. “Retail investors can only speculate,” said Jim Angel, a finance professor at Georgetown University, “while the Trump family can not only speculate but also issue tokens, sell tokens, and profit from these transactions.” Below is an overview of the Trump family's performance in crypto-related assets during this recent downturn. Trump Media & Technology Group: $800 Million Loss The parent company of the Truth Social platform, Trump Media & Technology Group, saw its stock price hit an all-time low on Wednesday. Part of the reason for this recent decline may be attributed to its ill-timed cryptocurrency investments. Since September, Trump's stake in the company has shrunk by approximately $800 million. He is the largest shareholder of the company, with shares held through a trust fund overseen by his son, Donald Trump Jr. Trump Media & Technology Group stock has plummeted 66% over the past year The unprofitable Trump Media & Technology Group has been trying out several new businesses, including in the cryptocurrency field. According to a July announcement, the company has invested about $2 billion in purchasing Bitcoin and options. Its holdings of approximately 11,500 Bitcoins were acquired at an average price of $115,000 per coin, and the position has currently incurred a cumulative loss of about 25%. In addition, the company has also started accumulating the niche token CRO issued by the Singaporean cryptocurrency exchange Crypto.com. As of the end of September, Trump Media's holdings of CRO tokens were valued at approximately $147 million, which has since shrunk by nearly half. Trump Media is also collaborating with Crypto.com on other ventures, with plans to launch a prediction market platform called Truth Predict, allowing users to bet on sports events and political outcomes. World Liberty Financial: Nearly $3 Billion Paper Loss The core crypto project of the Trump family, World Liberty Financial, issued its own token, WLFI. The token price has dropped from around 26 cents in early September to about 15 cents. The WLFI tokens held by the Trump family were valued at nearly $6 billion at their peak, but have now shrunk to about $3.15 billion. (These tokens are not included in Bloomberg's billionaire index's family wealth valuation as they are currently in a locked state and cannot be traded.) World Liberty Financial Official Website In August this year, the company sold some tokens to the small publicly traded company Alt5 Sigma Corp. The timing of this sale was opportune: World Liberty Financial received $750 million in cash and partial equity through the transaction. However, Alt5's investors were not necessarily as lucky. Since the announcement of the transaction, Alt5's stock price has fallen by about 75%. The value of Alt5 stock held by the Trump family through World Liberty Financial has shrunk by about $220 million, but they still profited from the transaction. According to Bloomberg's calculations, the Trump family received about 75% of the proceeds from the World Liberty Financial token sale, with $500 million credited solely from the Alt5 transaction, in addition to about $400 million received earlier through the WLFI token sale. "Cryptocurrency is here to stay," a World Liberty Financial spokesperson said in a statement. "We have long-term confidence in the rapidly maturing technology that underpins crypto assets and believe these technologies will revolutionize the financial services sector." American Bitcoin: Loss of at least $330 Million Approximately two months after Trump took office, his family ventured into another new crypto project. Eric Trump and a junior Donald Trump engaged in a series of complex transactions with the crypto company Hut 8 Corp.: Hut 8 exchanged its self-mined bitcoins for a majority stake in the newly formed company American Bitcoin Corp. Eric Trump holds approximately 7.5% of American Bitcoin Company, which has been listed on Nasdaq (stock code ABTC). A small amount of undisclosed shares are held by Donald Trump Jr. In early September, ABTC's stock price reached a peak of $9.31, valuing Eric's holdings at around $630 million. Subsequently, the stock price has fallen by more than half, resulting in a more than $300 million shrinkage of the family's wealth. However, this transaction remains one of the clearest examples of the Trump family's recent acquisition of hundreds of millions of dollars in new wealth through cryptocurrency-related businesses. If an investor bought the stock when ABTC went public, they are currently facing a 45% loss. An ABTC spokesperson did not respond to a request for comment. Trump Memecoin: Nearly $120 Million Loss, $220 Million Tokens Unlocked This memecoin has been in a continuous freefall since its announcement over the President's Day weekend, and has further shrunk by about 25% since the end of August. The scale of the Trump family's holdings in the token is not transparent. Risk modeling company Gauntlet found that months after the token was launched, wallets associated with the issuance held nearly 17 million tokens, with another 17 million transferred to cryptocurrency exchanges. In July of this year, an additional 90 million tokens were unlocked for circulation. According to the Bloomberg Billionaires Index, based on the Trump family's stake in World Liberty Financial, 40% of the total memecoin supply is attributed to the Trump family's wealth. At the current price, these tokens are valued at approximately $310 million, a decrease of about $117 million since the end of August. However, according to the index's calculations, the Trump family's token holdings have significantly increased. Part of the tokens held by insiders and the issuer were previously locked and are set to gradually unlock over three years. According to data from cryptocurrency research firm Messari, after the unlock event in July, insiders added nearly 90 million Trump memecoins to circulation, with approximately 40% being attributed to the Trump family by the Bloomberg Billionaires Index. The value of these newly unlocked tokens is approximately $220 million, indicating that the total value of the family's holdings has increased. It is currently unclear whether the Trump family has sold any of these tokens since July.
Foresight News reported that JackYi, founder of Liquid Capital, stated in a post, "I have made transactions around $2,700 for ETH and am now fully invested. My portfolio follows three major sector logics: for major public chains, ETH is the main holding, with allocations to BTC/BCH; for the exchange sector, I hold BNB/Aster; for stablecoins, I am heavily invested in WLFI, which is equivalent to a BNB version of USD1, and USD1 is the only stablecoin with a chance for a leapfrog breakthrough. I can't follow too many projects, so I focus on the leading players in the three major sectors of the crypto space and leave the rest to time."
The Trump family's wealth has shrunk by 1.1 billions USD, with ordinary investors becoming the biggest losers. Written by: Tom Maloney, Annie Massa Translated by: Luffy, Foresight News During Donald Trump's second presidential term, crypto assets changed the wealth landscape for his family. Now, the Trump family and their followers are experiencing firsthand the inherent volatility of cryptocurrencies. Since August, the value of the Trump-named memecoin TRUMP has dropped by about a quarter; Eric Trump (the president's second son) has seen his holdings in a bitcoin mining company shrink by nearly half from their peak; and Trump Media & Technology Group, which began accumulating bitcoin this year, has seen its stock price fall to near historic lows. On September 16, Eric Trump speaks at the Nasdaq bell-ringing ceremony for American Bitcoin The recent sell-off is part of a broad crash in the crypto market, with the total value of crypto assets evaporating by over 1 trillion USD. According to the Bloomberg Billionaires Index, the Trump family's wealth has shrunk from 7.7 billions USD at the beginning of September to about 6.7 billions USD, with the decline mainly linked to the family's expanding crypto-related investment portfolio. These investments involve complex transactions, far beyond direct bets on cryptocurrencies. Ordinary investors now have more channels to participate in Trump-related crypto projects, and thus may face greater losses. For example, any speculator who bought TRUMP at its price peak after the memecoin was announced during Trump's inauguration weekend would have lost almost all their investment by this month. Eric Trump says he remains confident. He has repeatedly urged investors to double down, sticking to this view even during the crypto market downturn. "This is a great buying opportunity," he said in a statement to Bloomberg News. "Those who buy the dip and embrace volatility will ultimately be the winners. I have never been more optimistic about the future of bitcoin and the modernization of the financial system." Indeed, since its birth in 2009, bitcoin has experienced multiple sharp crashes but has ultimately reached new highs over time. However, the Trump family's crypto holdings have a buffer mechanism. Although the tokens and crypto-related company stocks they hold have fallen sharply, they can still profit through other avenues in the crypto industry. Take their jointly founded crypto project, World Liberty Financial, as an example: although the book value of the tokens held by the Trump family has shrunk, they are still entitled to a proportional share of the proceeds from token sales, regardless of price fluctuations. "Retail investors can only speculate," said Jim Angel, a finance professor at Georgetown University. "But the Trump family can not only speculate, they can issue tokens, sell tokens, and profit from these transactions." Below is an overview of the performance of the Trump family's crypto-related assets during this crash. Trump Media & Technology Group: Loss of 800 millions USD The stock price of Trump Media & Technology Group, parent company of the Truth Social platform, hit a record low on Wednesday. Part of the reason for the decline may be poorly timed crypto investments. Since September, Trump's holdings in the company have shrunk by about 800 millions USD. He is the company's largest shareholder, with shares held through a trust managed by his eldest son, Donald Trump Jr. Trump Media & Technology Group's stock price has plunged 66% over the past year The unprofitable Trump Media & Technology Group has been experimenting with several new businesses, including in the crypto space. According to a July statement, the company has spent about 2 billions USD to purchase bitcoin and options. Its approximately 11,500 bitcoins were bought at an average price of about 115,000 USD per coin, and the position is currently down about 25%. In addition, the company has begun accumulating CRO, a niche token issued by Singapore-based crypto exchange Crypto.com. As of the end of September, Trump Media held CRO tokens worth about 147 millions USD, which have since lost nearly half their value. Trump Media has also partnered with Crypto.com on other ventures, with plans to launch a prediction market platform called Truth Predict, allowing users to bet on sports and political events. World Liberty Financial: Book Loss of Nearly 3 billions USD The Trump family's core crypto project, World Liberty Financial, issued its own token, WLFI. The token price has dropped from 26 cents at the beginning of September to about 15 cents. The book value of WLFI tokens held by the Trump family peaked at nearly 6 billions USD and has now shrunk to about 3.15 billions USD. (These tokens are not included in the Bloomberg Billionaires Index's estimate of the family's wealth, as they are currently locked and cannot be traded.) World Liberty Financial official website In August this year, the company sold some tokens to the small listed company Alt5 Sigma Corp. The timing was just right: World Liberty Financial received 750 millions USD in cash and some equity through the transaction. But Alt5's investors may not have been so lucky. Since the deal was announced, Alt5's stock price has dropped by about 75%. The value of the Alt5 equity held by the Trump family through World Liberty Financial has shrunk by about 220 millions USD, but they still profited from the deal. According to Bloomberg calculations, the Trump family received about 75% of the proceeds from World Liberty Financial token sales, earning 500 millions USD from the Alt5 deal alone, and about 400 millions USD from previous WLFI token sales. "Cryptocurrencies are here to stay," a World Liberty Financial spokesperson said in a statement. "We have long-term confidence in the rapidly maturing technology underpinning crypto assets and believe these technologies will revolutionize the financial services sector." American Bitcoin: Loss of at Least 330 millions USD About two months after Trump's inauguration, his family got involved in another new crypto project. Eric Trump and Donald Trump Jr. engaged in a series of complex transactions with crypto company Hut 8 Corp.: Hut 8 exchanged its own bitcoin mining machines for a majority stake in the newly established American Bitcoin Corp. Eric Trump holds about 7.5% of American Bitcoin, which is listed on Nasdaq (stock code ABTC), while Donald Trump Jr. holds a small undisclosed stake. ABTC's stock price peaked at 9.31 USD at the beginning of September, when Eric's holdings were worth about 630 millions USD. Since then, the stock price has fallen by more than half, causing the family's wealth to shrink by more than 300 millions USD. However, this deal remains one of the clearest examples of the Trump family earning hundreds of millions in new wealth from recent crypto-related ventures. If investors bought shares at ABTC's IPO, they have now lost 45%. ABTC's spokesperson did not respond to requests for comment. Trump Memecoin: Loss of Nearly 120 millions USD, 220 millions USD in Tokens Unlocked This memecoin has continued to plunge since it was announced during the president's inauguration weekend, dropping another 25% since the end of August. The Trump family's position in this token is not transparent. Risk modeling firm Gauntlet found that months after the token's launch, wallets associated with the issuance held nearly 17 million tokens, with another 17 million transferred to crypto exchanges. In July this year, another 90 million tokens were unlocked and put into circulation. The Bloomberg Billionaires Index, based on the Trump family's stake in World Liberty Financial, attributes 40% of the total supply of this memecoin to the Trump family's wealth. At current prices, these tokens are worth about 310 millions USD, down about 117 millions USD from the end of August. However, according to the index, the Trump family's token holdings have increased significantly. Some tokens held by insiders and issuers were previously locked and will gradually be unlocked over three years. According to data from crypto research firm Messari, after the July unlocking event, insiders unlocked nearly 90 million additional Trump memecoins, of which about 40% are attributed to the Trump family by the Bloomberg Wealth Index. These newly unlocked tokens are worth about 220 millions USD, meaning the family's total holdings have increased in value. It is unclear whether the Trump family has sold any of these tokens since July.
World Liberty Financial co-founder Chase Herro's irreverent statement that even canned feces will sell to the right audience is being put to the test. On Monday, World Liberty, the crypto project linked to President Donald Trump's family, said it would invest in the "Sh*t P*ss Skin Can" memecoin — briefly causing the token to surge at least 143%, according to DEX Screener data . SPSC is reportedly an homage to Herro, who reportedly said in 2018 even "sh*t in a can, wrapped in p*ss, covered in human skin" could sell for "$1 billion if the story is right." "Buying $SPSC because the trenches finally found religion in USD1 memes," World Liberty posted from its official account on X . "If they’re gonna make a coin in honor of our WLFI Co-Founder… we’re in 🦅☝️" Herro later reposted the message, along with an emoji of a can. The memecoin rallied following the post before flushing out. It is currently up 130% on the day, trading hands around $0.0063 with a $6.8 million market capitalization. If the World Liberty team is sincere about its intention to purchase SPSC tokens, it does not appear that the project has begun stockpiling, according to Arkham data . The project's treasury is currently valued at over $7.4 billion, of which $7.1 billion is parked in WLFI tokens. SPSC is a Solana-based memecoin that was created using the Bonk.fun token launchpad in early November. The SPSC community , including traders known for spending time in the memecoin "trenches" like @MarcellxMarcell, has positioned the token as part of the World Liberty ecosystem, in part because its main trading pair is World Liberty’s USD1 stablecoin.
Key Notes Trump Media lost over $800M on its $2B Bitcoin investment purchased at an average price of $115,000. The family's WLFI token dropped from $0.26 to $0.15, cutting their initial $6B stake by more than half. Despite falling from Bloomberg's top 500 billionaires list, the Trump family maintains a bullish stance on cryptocurrency. US President Donald Trump ‘s family fortune has declined by approximately one billion dollars in the past two months as the cryptocurrency market has experienced a rapid downturn. Sweeping destabilization throughout the financial markets has been brewing over the past few weeks culminating on Nov. 22 with steep declines across the Dow Jones (-385), S&P 500 (-100) and Nasdaq 100 (-486) indexes as well as plunging prices that wiped out approximately one trillion dollars throughout the cryptocurrency sector. Largely attributed to factors such as the longest government shutdown in US history and short-term selloffs, the widening fear market has seen the price of Bitcoin BTC $88 447 24h volatility: 1.0% Market cap: $1.76 T Vol. 24h: $78.59 B drop from an October peak of $125,000 to a six-month low hovering around $82,000. Trump Family Bullish as it Endures Losses The parent company of the Truth Social platform, Trump Media & Technology Group Corp., has reportedly lost more than $800 million after spending more than $2 billion on a war chest of 11,500 Bitcoin. The BTC was purchased at what appears to be an average price of $115,000, putting Trump Media down about 24% as of the time of this article’s publication. The company’s own WLFI token has also dipped from its September peak of $0.26. As of the time of this article’s publication, it’s trading at approximately $0.15. According to Bloomberg, Trump Media has a stake initially worth about $6 billion in WLFI that would be worth a little more than half that today. Related article: WLFI Token Gears Up for Rebound Amid Massive Dip Buys Overall, the Trump family’s losses in the past two months alone have been significant enough to drop the Trump name out of the Bloomberg 500 billionaire index . Prior to the market downturn, the family’s total holdings were worth a reported $7.6 billion and good enough for the 463rd position. Today, at the reported valuation of $6.6 billion, the Trump family falls short of the $7.13 billion held by Gao Dekang, chairman of Bosideng Holdings. Despite these perceived losses, the Trump family remains bullish. Donald Trump’s son, Eric Trump, discussed Bitcoin’s virtues in a Nov. 24 interview on Fox News where he lauded the token’s ease of use and minimal fees for large trades. 🇺🇸 Eric Trump : "You Can Send $500 Million Worth Of #BITCOIN On A Sunday Night At 11PM While Having A Glass Of Wine With Your Wife For Zero Fees." The TRUMP family are $BULLISH ! The Bottom Is In. pic.twitter.com/ll3E0MqSDE — Geppetto (@Geppetto_88) November 24, 2025 next
Jinse Finance reported that according to market data, WLFI has surpassed $0.15 and is now quoted at $0.1545, with a 24-hour increase of 9.8%. The market is experiencing significant volatility, so please manage your risks accordingly.
ALT5 Sigma, the reserve company partner of the Trump family’s cryptocurrency project "World Liberty Financial" (WLFI), stated in a filing submitted to the U.S. Securities and Exchange Commission (SEC) that its CEO was officially suspended on October 16, but internal emails show that the company’s board had actually placed him on temporary leave as early as September 4. Several securities regulatory experts indicated that this significant discrepancy in timing may have violated information disclosure rules. The enclosed emails also revealed that Chief Revenue Officer Vay Tham was simultaneously placed on leave because a special committee of the board is investigating certain matters related to the company. According to SEC regulations, publicly listed companies must disclose within four trading days (Form 8-K) after a significant change occurs in the actual performance of executive duties, and if a company deliberately submits false or misleading information, it may constitute a violation of anti-fraud regulations. In August this year, ALT5 Sigma purchased a total of 1.5 billion USD worth of WLFI tokens through a circular transaction, with an estimated over 500 million USD ultimately flowing to entities associated with President Trump.
WLFI price is forming a bullish Three Drives pattern at the $0.12 support zone, with rising volume signalling a potential reversal toward higher resistance levels. Summary Buyers consistently defend the $0.12 support zone Rising volume signals strengthening demand Structure hints at a potential reversal toward $0.18 World Liberty Financial (WLFI), the DeFi venture closely tied to President Donald Trump and his family, is showing early signs of a bullish reversal, with price action forming a Three Drives pattern at the $0.12 support level. This level has held firm across multiple retests, demonstrating consistent buyer interest and suggesting that demand remains active. With volume increasing and structural support intact, WLFI may be preparing for its next move upward within the current trading range. WLFI price key technical points WLFI forms a bullish Three Drives pattern at the $0.12 support Multiple retests confirm demand at this key level Rising volume supports the probability of a reversal toward $0.18 You might also like: Zcash price eyes breakout from inverse H&S, targets 40% upside WLFIUSDT (4H) Chart, Source: TradingView WLFI’s price structure is currently developing a textbook Three Drives pattern at the $0.12 support, a formation that often signals the end of a corrective phase and the beginning of a bullish rotation. Each test of this support has been met with strong buying interest, signalling that participants are actively defending this level. This repeated defense strengthens the argument that the market is forming a structural bottom. The Three Drives pattern itself is traditionally viewed as a bullish reversal signal. As price makes three equalized pushes into support, momentum typically begins to shift as sellers exhaust and buyers accumulate. In WLFI’s case, rising volume further supports this pattern, suggesting that demand is increasing at a key inflection point. You might also like: Hyperliquid price eyes $40 mid-range breakout amid Phantom, SafePal wallet integrations Another important factor is the Point of Control (POC), which sits near the same region. High-volume nodes at support often indicate heavy accumulation, which can act as a launchpad for bullish continuation. This alignment of technical elements creates a strong confluence zone that supports the likelihood of a reversal forming. If WLFI can hold the $0.12 support throughout the coming days and weeks, the probability of a move toward the next significant resistance at $0.18 increases. This level has historically acted as a high-time-frame barrier and would be the first major upside target in a bullish expansion. The developing structure suggests that WLFI may be transitioning out of its corrective phase, which can often appear as “bullish selling” before a trend reversal takes shape. What to expect in the coming price action If WLFI continues to defend the $0.12 support and completes the Three Drives reversal pattern, a rally toward $0.18 becomes increasingly likely. Breaking above this level would further confirm bullish momentum. A loss of $0.12 would delay the reversal and weaken the current setup. The development comes on the heels of WLFI’s confirming a pre-launch breach, which stemmed from phishing and third-party security lapses. Read more: 6 affiliate programs driving B2B crypto growth in 2025
Quick Breakdown: World Liberty Financial (WLFI) disclosed a significant security breach affecting user wallets before its official platform launch. Attackers exploited phishing and third-party vulnerabilities, not WLFI’s smart contracts. In response, WLFI froze affected wallets, conducted extensive KYC verification, and executed an emergency token burn valued at $22.14 million. WLFI breach sparks emergency response and Token burn World Liberty Financial (WLFI) revealed it suffered a security breach before its platform launch. Hackers accessed some user wallets through phishing and third-party security lapses, not because of flaws in WLFI’s smart contracts. Upon discovery, WLFI immediately froze all impacted wallets and required affected users to undergo renewed Know Your Customer (KYC) verification to ensure proper fund recovery. 1/ Prior to WLFI’s launch, a relatively small subset of user wallets were compromised via phishing attacks or exposed seed phrases. Since then, we’ve tested new smart contract logic to safely reallocate user funds and verified users’ identity via KYC checks. Shortly, users who… — WLFI (@worldlibertyfi) November 19, 2025 In response, WLFI executed an emergency token burn on November 19, destroying approximately 166.667 million WLFI tokens valued at $22.14 million from compromised wallets. These tokens were reallocated to secure recovery wallets using a newly developed smart contract system designed for bulk, secure fund reallocation. This process took longer than expected as the engineering team thoroughly tested the logic to prevent any further issues. Fund recovery efforts amid Governance and regulatory scrutiny WLFI has been under intense scrutiny not only for this security incident but also for broader governance and transparency concerns. The firm’s rapid pre-launch token sales raised eyebrows, with allegations that governance tokens were potentially sold to wallets linked to sanctioned countries and entities. Senator Elizabeth Warren recently called for investigations into these claims, raising worries over WLFI’s compliance with anti-money laundering (AML) and sanctions controls. Despite these controversies, WLFI’s leadership, including co-founder Donald Trump Jr., continues to emphasize the project’s potential to transform how money moves in the DeFi space. The firm’s recovery plan involves verifying affected users before reallocating funds, while wallets of unverified users remain frozen. Users are encouraged to contact WLFI’s support to initiate the KYC and recovery process to regain access to their assets. Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
WLFI plans fund reallocations after phishing-linked wallet breaches and wants users to finish KYC checks soon. WLFI token activity surged on major exchanges with heavy trading and fast shifts in price after its launch. WLFI stake value dropped as market conditions cooled and the project now faces stronger scrutiny from regulators. World Liberty Financial confirmed that attackers accessed some user wallets through phishing and third-party lapses before its platform launched. The firm said the breach did not arise from flaws in its smart-contract design. It instead traced the issue to external weaknesses that exposed private wallets. The attack occurred around the time WLFI prepared its token rollout. WLFI breach raises eyebrows for Trump-backed crypto firm More drama at WLFI. A pre-launch breach stemmed from phishing and third-party security lapses, not flaws in its own smart contracts, and has frozen affected wallets — crypto.news (@cryptodotnews) November 20, 2025 WLFI Introduces KYC Checks And New Wallet Process WLFI reacted fast and froze the impacted wallets in September. The team then verified ownership and created a new workflow to secure user funds. The firm required users to complete fresh KYC checks to confirm identity. It also asked users to provide new wallet addresses for fund migration. These steps aimed to ensure accurate reallocation and block unauthorized claims. Engineers built and tested new smart-contract logic to support bulk movements. The testing phase took longer than expected because the team chose to prioritize safety. WLFI said reallocations will begin for users who completed the verification steps. Wallets tied to users who have not yet engaged will remain frozen. Yet those users can still start the verification workflow through the help center. Trading Surges As WLFI Token Records Massive Exchange Activity The incident surfaced only weeks after WLFI’s high-profile token debut . The project launched the WLFI token after a series of teasers earlier in 2024. Trading started with sharp price swings on decentralized venues. WLFI fell more than 15% on launch day as markets stabilized. Momentum shifted once major exchanges listed the asset. Trading exploded on Binance with almost $1B in volume during the first hour. Prices moved between $0.24 and $0.30 as demand increased. At peak levels, the Trump family’s stake of 22.5B tokens reached a paper value above $6B. The surge pushed WLFI into the spotlight across political and crypto circles. WLFI Stake Value Falls As Prices Slip Below Launch Range Market conditions cooled through November. As of November 20, the family’s stake is worth about $3.15B based on a token price of $0.13. The 22.5B tokens grant governance and revenue rights. These tokens do not grant full economic control of the business. WLFI now works to finalize fund reallocations while scrutiny increases. The project is facing renewed attention after new calls for a federal review of its governance token distribution. The firm continues to address security concerns as phishing and poor key storage remain major risks for users across the sector.
According to a report by Jinse Finance, as monitored by Emmett Gallic, the WLFI team executed an emergency function this morning, destroying 166.667 million WLFI (worth approximately $22.14 million) from the compromised address and reallocating the funds to a recovery address. This function is designed for two scenarios: when investors lose wallet access before their rights are vested, or when malicious accounts obtain WLFI through vulnerabilities.
A new political fight has started in Washington as Senators Elizabeth Warren and Jack Reed have asked the U.S. Department of Justice and the Treasury Department to investigate World Liberty Financial, a crypto firm linked to Donald Trump. Advertisement The senators say the company may not have strong protections against suspicious money and could be connected to bad actors in North Korea and Russia. Their concerns come from a report claiming the firm sold about 600,000 WLFI tokens worth around 10,000 dollars to wallets linked to North Korea, Iran and Tornado Cash, a service previously connected to money laundering. Crypto Community Pushes Back On chain analyst ZachXBT quickly responded, calling the accusations extremely weak. He explained that World Liberty Financial raised $550 million and the amount said to be illicit is just $10,000 which is only 0.0018 percent of the total. He warned that if regulators can target a company over such a tiny amount, the next target could be other crypto platforms including Hyperliquid. Let’s do a bit of napkin math For the World Liberty Financial token sale $550M was raised Warren & Reed accuse $10K of being raised from illicit sources That’s only 0.0018% of the token sale Warren previously claimed she was Native American Test results estimated she is… — ZachXBT (@zachxbt) November 18, 2025 But Zach’s post sparked unexpected reactions online. Some users began mocking him, saying things like “Zach promoting WLFI these days are weird,” suggesting he was defending the firm even though he was not. Others tied his comparison to Senator Warren’s past controversy about her ancestry percentage, which only fueled the memes. ZachXBT later clarified that people misunderstood him. He said he was not supporting WLFI and was only pointing out how regulators were using extremely small numbers to justify major action against the crypto industry.
World Liberty Financial ( WLFI ) , the DeFi venture closely tied to President Donald Trump and his family, disclosed that attackers accessed some user wallets through phishing and third-party security lapses before the platform officially launched. Summary WLFI says a pre-launch breach stemmed from phishing and third-party security lapses, not flaws in its own smart contracts, and has frozen affected wallets. The incident comes amid heightened scrutiny of WLFI, which has faced questions about governance, transparency, and its rapid token sales. The company claims to be reallocating funds only after new KYC checks. The company says the breach did not stem from any flaws in its smart-contract architecture—but rather external vulnerabilities. WLFI stated that attackers accessed the wallets through external phishing and third-party security lapses, not through flaws in WLFI’s platform or smart contracts. The firm formally launched in 2024. It then rolled out a USD1 stablecoin in April followed by its signature WLFI token in September. What happened Upon identifying the issue, WLFI froze impacted wallets, verified ownership, and began developing new on-chain logic to restore funds to users, the company said. WLFI required all affected users to re-complete Know Your Customer checks to confirm identity before receiving a new wallet. The company stated these measures were necessary to ensure funds were returned only to legitimate owners. Engineers built and tested a new smart contract system designed to handle bulk reallocations securely. The process took longer than initially expected, according to WLFI. Reallocation of user funds will begin shortly for individuals who completed the required verification process, the company said. Wallets belonging to users who have not yet reached out or completed the steps will remain frozen, though those users can still begin the verification workflow through the company’s help center, according to WLFI. This is just the latest in a string of controversies for the firm, which its co-founder Donald Trump Jr. described in September as “the governance backbone of a real ecosystem changing how money moves.” Recall how WLFI played a role in Binance’s $2 billion deal with an Emirati fund. Afterward, Binance founder Changpeng Zhao received a pardon for his four-month prison term from President Trump. And, just this week, Senator Elizabeth Warren called for an investigation into WLFI, alleging that it may have sold governance tokens to wallets linked to North Korea, Russia, Iran, and Tornado Cash.
World Liberty Financial has carried out an emergency burn-and-reallocate action to recover millions in WLFI from wallets compromised before launch. Summary WLFI burned and reallocated $22.1M in WLFI linked to pre-launch phishing attacks. The team froze affected wallets, completed KYC checks, and built new smart contract logic. Verified users will receive funds in new wallets, while unverified wallets stay frozen. World Liberty Financial has taken a major step to recover WLFI tokens that were taken from wallets compromised before the launch. The Trump-affiliated project announced the action in a Nov. 19 post on X, and on-chain data later confirmed the move. How the recovery took place World Liberty Financial ( WLFI ) stated that several user wallets were compromised through phishing attacks or exposed seed phrases prior to the project going live . These issues came from third-party security lapses, not WLFI’s contracts. In September, the team froze impacted wallets, asked users to complete know-your-customer registration again, and began collecting new secure wallet addresses. 1/ Prior to WLFI’s launch, a relatively small subset of user wallets were compromised via phishing attacks or exposed seed phrases. Since then, we’ve tested new smart contract logic to safely reallocate user funds and verified users’ identity via KYC checks. Shortly, users who… — WLFI (@worldlibertyfi) November 19, 2025 After testing new smart contract logic for controlled transfers, WLFI executed an emergency function on Nov. 19. The function burned about 166.667 million WLFI, roughly $22.14 million, from compromised wallets and issued the same amount to verified recovery addresses. On-chain analyst Emmett Gallic reviewed the transaction and noted that the function was designed for situations where a user loses wallet access before vesting or when tokens fall into the hands of an attacker. World Liberty Fi executed an emergency function burning 166.667M $WLFI ($22.14M) from compromised address, reallocating to a recovery address. Function designed for two scenarios: An investor loses wallet access before vesting OR malicious account acquires WLFI via exploit pic.twitter.com/VSUDWhDPCR — Emmett Gallic (@emmettgallic) November 19, 2025 WLFI said it chose a slow, careful approach to avoid mistakes. Users who completed all checks will receive their tokens in new wallets. Those who have not reached out or finished verification will remain frozen until they start the process through the help center. Details behind the compromised wallets Most affected wallets were hit by phishing schemes and leaked keys. Some cases linked back to September’s EIP-7702 issues during Ethereum’s Pectra upgrade, where attackers planted malicious contracts in compromised wallets that later triggered token drains. WLFI froze 272 wallets at the time and warned users about fake support accounts and scam clones. WLFI said the number of affected users was limited but insisted on full verification to avoid reallocating funds to the wrong party. The team also reminded users to rely only on official channels for recovery. Political pressure and current position The recovery takes place as WLFI faces questions from lawmakers. Earlier this week, Senators Elizabeth Warren and Jack Reed asked federal agencies to look into claims that WLFI tokens were sold to sanctioned entities. WLFI has not addressed the allegation in its recent statements. The project continues work on its USD1 stablecoin and upcoming integrations. After completing the recovery process, the team said it is prepared to move forward and focus on development.
Jinse Finance reported that, according to on-chain investigator ZachXBT, Senators Warren and Reed accused World Liberty Financial of having $10,000 from illegal sources in its token sale, but this only accounts for 0.0018% of the total fundraising amount of $550 million. ZachXBT pointed out on social media that this proportion is not statistically significant. Previously, it was reported that US senators requested an investigation into the Trump family-linked crypto project World Liberty Financial, claiming it sold $WLFI governance tokens to "various highly suspicious entities," including traders associated with the North Korean hacker group Lazarus Group, sanctioned Russian "ruble-backed sanction evasion tools," Iranian crypto exchanges, and the money laundering platform Tornado Cash, raising national security concerns.
Dar Global and The Trump Organization rolled out plans for the Trump brand’s first Maldives hotel while debuting the world’s first tokenized hotel. Most real estate tokenizations occur late in a project’s lifecycle, but this one offers investment entry at the earliest development stage. The Trump Organization, in partnership with Dar Global, a luxury international real estate developer based in the United Kingdom, listed on the London Stock Exchange, and backed by Saudi real estate group Dar Al Arkan, has launched the Trump International Hotel Maldives. This project is not only set to introduce the Trump brand to one of the world’s most sought-after luxury travel destinations but will also become the world’s first hotel development to be fully tokenized, which will open by the end of 2028. According to the joint announcement, the resort will be situated approximately 25 minutes by speedboat from Malé, the bustling capital of the Maldives, offering a perfect balance between accessibility and the remote, untouched beauty the islands are known for. The development will feature around 80 ultra-luxury villas, including both beachfront and overwater options, each crafted to meet the expectations of elite global travelers. Eric Trump, Executive Vice President of The Trump Organization, expressed enthusiasm for the partnership, stating: We are delighted to bring the Trump brand to the Maldives in collaboration with Dar Global. This development will not only redefine luxury in the region but also set a new benchmark for innovation in real estate investment through tokenization. Echoing this sentiment, Ziad El Chaar, CEO of Dar Global, emphasized the project’s pioneering nature: Tokenizing the development of Trump International Hotel Maldives marks a global first that blends luxury, innovation, and technology in a way that will transform how the world invests in hospitality. This development highlights Dar Global’s commitment to innovation and international reach. By offering early-stage access through digital tokens, the project seeks to combine luxury real estate with a modern, potentially more liquid investment structure. This reflects a trend toward real-world asset tokenization, where tangible assets like property are represented on blockchain platforms. Momentum for Real Estate Tokenization In October, Eric Trump announced plans to tokenize real estate, explaining that the project would serve as a showcase for converting property assets into digital tokens. He also highlighted the potential for fractional ownership, with entry points starting around $1,000, designed to work seamlessly with WLFI’s blockchain platform and its stablecoin, USD1. Real estate tokenization has been gaining momentum globally. For example, in March, the Dubai government launched a pilot program to digitize property assets using blockchain technology. As outlined in CNF’s report, this pilot seeks to simplify administrative procedures, boost clarity in dealings, and accelerate the pace of property exchanges. The initiative is being spearheaded jointly by the Dubai Land Department (DLD) and the Dubai Virtual Assets Regulatory Authority (VARA), forming a key part of Dubai’s Real Estate Strategy 2033 and the wider Dubai Economic Agenda D33. Analysts project that tokenized real estate transactions in Dubai could reach AED 60 billion, around $16 billion, by 2033.
Ah, World Liberty Financial , the crypto project waving the Trump family banner like a neon sign in the digital skyline. With Donald Trump, Eric Trump, Donald Trump Jr., and even young Barron Trump somehow linked to this crypto carnival, you’d expect fireworks. And fireworks we got, but not the celebratory kind. Back in September, WLFI faced what we like to call the ultimate party foul, a security breach that’s just now come out of its dark corner. Third-party security lapses On November 19, WLFI dropped the bomb via an X post that it hit the panic button and froze certain user wallets months ago. 1/ Prior to WLFI’s launch, a relatively small subset of user wallets were compromised via phishing attacks or exposed seed phrases. Since then, we’ve tested new smart contract logic to safely reallocate user funds and verified users’ identity via KYC checks. Shortly, users who… — WLFI (@worldlibertyfi) November 19, 2025 Why? Because some “third-party security lapses” apparently handed hackers the golden keys, users’ secret recovery phrases. Not good. Phishing scams ran wild, but the silver lining, because there’s always one, is that only a “relatively small subset” of wallets were caught in this snafu. The system and smart contracts? Still standing strong, WLFI assures us. Now, the crypto wranglers are on a mission to transfer funds from these compromised wallets to shiny new, safer ones, think witness protection, but for crypto. But not everyone’s getting a free pass, users need to jump through the security hoop to reclaim their loot, undergoing identity checks and all that jazz. No word yet on the exact number of wallets or cash involved, and those frozen wallets aren’t thawing until ownership is verified. WLFI for the bad guys? In the meantime, US Senators Elizabeth Warren and Jack Reed decided to sprinkle more drama into the mix. They’ve urged the Department of Justice and Treasury to dig into allegations that WLFI tokens slipped into the hands of some seriously shady characters. 🚨 NOW: U.S. senators Elizabeth Warren and Jack Reed are calling for a federal probe into World Liberty Financial, the Trump-linked crypto project. Their letter urges the DOJ & Treasury to investigate claims that $WLFI token sales were connected to wallets tied to North Korea,… pic.twitter.com/P9mx081Qb5 — Nexus (@Nexus_Epoch) November 19, 2025 These claims originated from watchdog group Accountable.US, but wait, crypto security gurus aren’t buying it. Experts like Taylor Monahan of MetaMask and Nick Bax from Ump.eth say the report misread the tea leaves and accidentally flagged innocent users. Bax even mentioned a victim of this mix-up lost about $95K in WLFI tokens frozen over what he calls a “false positive.” kripto.NEWS 💥 The fastest crypto news aggregator 200+ crypto updates daily. Multilingual & instant. Regulatory storm So, WLFI is juggling the twin beasts of “Is our security solid enough?” and “Can we prove our tokens didn’t end up with baddies?” Experts say the former means beefing up wallets with new smart contract magic and KYC protocols, while the latter could summon a regulatory storm if they flub the proof. After all, when your crypto project has the Trump family name slapped on it, eyes are glued, and well, mostly skeptical. This spicy story of hacks, frozen wallets, and senators weighing in today’s WLFI escapade screams one thing, crypto might just be the grey zone after all. Be careful out there, guys! Written by András Mészáros Cryptocurrency and Web3 expert, founder of Kriptoworld LinkedIn | X (Twitter) | More articles With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
World Liberty Financial, facing congressional scrutiny over alleged token sales to entities in sanctioned regions including North Korea, Russia, and Iran, said Wednesday it is working to "reallocate user funds and verified users' identity via KYC checks" following potential breaches. In an X post, the Trump-connected project said that a "relatively small subset of user wallets were compromised via phishing attacks or exposed seed phrases" due to "third-party security lapses." The project is now testing new smart contract logic to safeguard these accounts. "Users who submitted tickets and satisfied the required checks will have funds reallocated to new, secure wallets," World Liberty wrote. "In September, we froze impacted wallets and verified ownership to ensure a smooth transition." It is unclear how many users were affected or the total amount of funds at risk. World Liberty noted that the issue "was not a WLFI platform or smart contract issue." “Even with issues stemming from external vulnerabilities, the team prioritized the security of its users while meeting regulatory requirements,” World Liberty added. Sanctioned sales? Earlier this week, Senators Elizabeth Warren, D-Mass, and Jack Reed, D-R.I., called upon the Departments of Justice and Treasury to investigate alleged WLF token sales to sanctioned entities, citing a September report from Accountable.US, according to CNBC on Tuesday. The “suspicious” transactions reportedly involved North Korean hacking group Lazarus, a sanctioned Russian “ruble-backed sanctions evasion tool,” and an Iranian crypto exchange, the watchdog claimed. It is unclear whether World Liberty’s announcement on Wednesday is connected to Warren and Reed’s letter. This is not the first time that World Liberty — which names Eric Trump, Donald Trump Jr., and Barron Trump as co-founders — has raised concerns among congressmembers, who have raised concerns of potential conflicts of interest. Of note, several blockchain security experts, including Taylor Moynahan, security lead at Ethereum's largest wallet, MetaMask, and Nick Bax , founder of Ump.eth, challenged some of the onchain analysis performed by Accountable that purportedly connected an address to Lazarus. "TL/DR: someone wrote 14 pages about Lazarus based on a funky shitcoin token transfer," Bax wrote. "The worst part of this all (other than my Senator disseminating disinfo), is Shryder wasn't just falsely accused of being a DPRK hacker; it appears his big bag WLFI tokens (~$95k) got frozen as a result of this false positive."
Delivery scenarios