🚨Donald Trump accused of promoting cryptocurrency scam

US presidential candidate🇺🇲 Donald Trump has declared that cryptocurrency will help him restore America to its former greatness. To achieve this goal, he intends to collaborate with World Liberty Financial (WLFI), a decentralized crypto project on the Ethereum platform.

Trump announced in a post on X (formerly Twitter) that WLFI would be a key element in his campaign to revive America. However, the crypto community has met the project with skepticism, suggesting that it could just be another scam.

What is World Liberty Financial?

World Liberty Financial (WLFI) is a decentralized finance (DeFi) project launched on September 16, 2024. Its goal is to provide Americans with equal access to financial tools through a lending service, which will be run by Trump's son, Barron Trump. Donald Trump himself is an active supporter of the project.

WLFI has its own native token, which grants holders the right to participate in voting. However, WLFI tokens will not be freely traded, raising additional concerns within the crypto community.

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