After former President Donald Trump revealed the World Liberty Financial (WLF) whitelist, WLF’s X account shared that “thousands of people have joined” since the announcement. However, the excitement was dampened by a series of fake WLFI token scams that flooded X.

WLF: 'Whitelist has been a huge success'

The crypto community has been watching the gradual rollout of World Liberty Financial (WLF), a decentralized finance (defi) project backed by Donald Trump, Donald Trump Jr., Barron Trump, and Eric Trump. Bitcoin.com News has covered WLFI’s tokenomics and also reported on former President Donald Trump’s opening of a whitelist. To participate in the WLFI sale, users are required to complete a know-your-customer (KYC) process.

On Tuesday, WLF announced to the public that a large number of people had joined the whitelist. “Our whitelist has been a huge success,” the WLF X account posted. “Thousands have joined and we’re just getting started. Don’t miss your chance to be part of something revolutionary.”

Unfortunately, scams have emerged, taking advantage of the name of World Liberty Financial and WLF, with fake X accounts and websites falsely claiming that “token distribution has begun.” Meanwhile, the legitimate WLF project remains a mystery, with only a portion of its tokenomics revealed and the total supply unknown.

What we do know is that one whitelist is only for US accredited investors, while another is for non-US individuals. WLF ensures that regular retail Americans will eventually be able to use the defi platform.

“We intend to make this platform available to all Americans in the future, giving everyone access to tools and opportunities that have been limited for too long,” the company’s X account states.

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