The Trump family gained control over World Liberty and 75% of the revenues from token sales!!!
The cryptocurrency project World Liberty, which raised $550 million through the sale of its own tokens, has unexpectedly fallen under the control of the family of U.S. President Donald Trump.
According to updated corporate documents, the politician's family received a 60% stake in the company and 75% of the net revenues from token sales.
Initially, World Liberty was positioned as a decentralized financial platform intended to give users access to cryptocurrency services without intermediaries. However, in its year of existence, the company has not released any products, and now its key assets are under the control of WLF Holdco LLC – a company mostly owned by the Trumps.
In January 2025, World Liberty co-founders Zach Falkman and Chase Guerrero lost control of the company. They were replaced in management by Eric Trump, the second son of the former president, who is now actively involved in managing the project.
There is money, but there is no product.
Although the company has raised over half a billion dollars, it has not yet offered any financial services. Users who purchased $WLFI tokens expected to gain access to an innovative platform, but so far can only watch as funds concentrate in the hands of new owners.
The situation raises justified suspicions, as $WLFI is a token that cannot be sold. It does not generate income and does not confer any ownership rights, but only allows voting on changes to the future service. Meanwhile, key strategic decisions are made solely by the board of directors, which is now controlled by the Trumps.
It looks like a fraudulent scheme.
Experts point out that such a scheme may create conflicts of interest and risks of political corruption. Some even believe that the tokens could become a channel for funding Trump from foreign oligarchs.
Despite loud statements, World Liberty has not launched any products yet. Currently, the company is working on creating its own stablecoin USD1, which is to be backed by U.S. Treasury bonds.
This situation has already attracted the attention of financial regulators and Trump critics, who see it as a potential financial scam. Whether World Liberty can prove its real value remains an open question.
Many experts in the cryptocurrency and finance sectors openly express skepticism about this project. For example, Georgetown University professor Jim Angel stated that he sees no economic benefit for token holders. Other analysts emphasize that the governance scheme of World Liberty currently resembles a centralized financial pyramid, where benefits are only received by those at the top.
Despite this, demand for $WLFI tokens remains high, as many investors hope for further price growth. However, without a transparent business model and real financial instruments, the cryptocurrency project World Liberty may become yet another loud scam.