Trump’s World Liberty Financial Makes FTX-Esque Move, Borrows Against Its Own Crypto Token

Trump’s World Liberty Financial Makes FTX-esque Move, Borrows Against Its Own Crypto Token

FTX's moves were secret. Everyone can see what World Liberty Financial is doing.

Trump Crypto WLFI Token Crashes 20% In A Week, Massive Whale Dumping

Key Insights: World Liberty Financial borrowed $150 million USDC against $400 million WLFI tokens. This drew criticism over lending risks despite liquidation assurances. Justin Sun’s frozen WLFI holdings fell over $11 million, with total losses exceeding $80 million. World Liberty Financial (WLFI), linked to the Trump family, is under heavy selling pressure. Its stock has plunged 20% in just one week. Massive see-off in the Trump crypto comes a…

Justin Sun Faces $11M WLFI Drop as World Liberty Rejects Fears

TLDR Justin Sun’s frozen WLFI holdings lost over $11 million in 24 hours. WLFI price dropped 15% daily and over 74% since its launch. World Liberty Financial blacklisted Sun’s wallet, freezing his tokens. The project used WLFI as collateral to borrow stablecoins on Dolomite. World Liberty denied liquidation risks and called concerns “FUD.” Justin Sun recorded a fresh loss as WLFI price dropped sharply within 24 hours. His frozen token holdings …