CoinVoice has learned that, according to Bloomberg, Sun Yuchen recently announced an investment of $30 million in the Trump family's DeFi project WLFI, exceeding the minimum sales target. According to the terms outlined in WLFI's 'Gold Paper', the Trump family can now receive at least $15 million.
It was previously reported that the Trump family's cryptocurrency project World Liberty Financial released a 13-page 'World Liberty Gold Paper' document detailing the project's mission and token distribution plan. The document shows that the Trump family will receive 75% of the project's net profits without assuming any liability.
The remaining 25% of net protocol revenue will be fully owned by the Puerto Rican company Axiom Management Group (AMG), co-founded by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its revenue rights to Trump associate and political donor Steve Witkoff and affiliated companies of some of his family members WC Digital Fi. [Original link]