Bloomberg: The Trump family's crypto project WLFI has not launched its promised DeFi services
Golden Finance reports that the latest article from Bloomberg states that public data shows the Trump family has ventured into non-fungible tokens (NFTs), Bitcoin mining, and launching personal cryptocurrencies. Among these, the World Liberty Financial project has been purchasing cryptocurrencies like ETH since its inception but has yet to launch its promised decentralized finance services. According to Bloomberg's statistics, although the Trump family's involvement in cryptocurrency investment is relatively recent, even considering market fluctuations caused by Trump's trade war, these cryptocurrency projects have still brought nearly $1 billion in paper profits to the Trump family. However, there are growing concerns about potential "money-grabbing" and conflicts of interest involving the Trump family. Industry insiders warn that their investment in cryptocurrency could lead to conflicts of interest or even national security risks and may become a means for interest groups to attempt to buy presidential influence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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