Chain News Today TheBitTimes.com

World Liberty Financial, the cryptocurrency project associated with the president of the United States, Donald Trump, has blacklisted addresses related to its largest investor, Justin Sun. Sun, who owns HTX and founded TRON, curiously appeared to move a large quantity of WLFI tokens from an HTX/TRON DAO-affiliated address (it is labeled as TRON DAO on Etherscan and originally funded by HTX), 0x5AB26169051d0D96217949ADb91E86e51a5FDA74, to various exchange deposit addresses. He justified this in a post on X, which read, “Our address only carried out a few general exchange deposit tests with very small amounts, followed by an address dispersion. No buying or selling was involved, so it could not possibly have any impact on the market.” This movement quickly led to World Liberty Financial blacklisting the address, preventing it from further transacting. To the World Liberty Financials team and the global community, As one of the early major investors in World L...

World Liberty Financial was marketed as a “governance token” that would make the platform “community-governed.” Strangely, despite the fact that there are over 80,000 wallets holding the token, very few of these holders have wanted to participate in the governance process. Indeed, there’s not been a single post in the governance forum for the project since January 9, well over a month ago. This is the same governance forum where the World Liberty team itself seems to be using AI to generate posts full of falsehoods. World Liberty Financial likely used AI to write incorrect AAVE governance post Read more: Who is behind World Liberty Financial, Trump’s new crypto? For comparison, AAVE sees multiple posts every day, as do Sky, Uniswap, Lido, and Compound. Early in December, World Liberty Financial had its first governance proposal in which approximately 1,700 wallets participated. This proposal described its intention to launch an A...

Tron founder Justin Sun is investing $30 million into President-elect Donald Trump’s World Liberty Financial crypto project. The $30M investment makes Sun the largest investor in the decentralized finance (DeFi) project. https://twitter.com/WatcherGuru/status/1861156679334744128 “The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!,” Sun, the founder of the cryptocurrency firm Tron, announced in a post on X Monday. “TRON is committed to making America great again and leading innovation.” World Liberty also posted on X that they are “honored to have the support” of Justin Sun and Tron. Justin Sun Invests In Donald Trump’s World Liberty Financial (WLF) Donald Trump’s crypto venture, WLF, is being promoted by Trump and his sons as part of the DeFi movement. The president-elect is listed as World Liberty Financial’s chief crypto advocate, while his sons, Eric, Donald Jr., and Barron Trump are named as its web3 ambassadors. During World Liberty’...

Donald Trump and his family unveiled their World Liberty Financial crypto project, including the governance token WLFI. The highly anticipated project was announced yesterday evening at Trump’s Mar-A-Lago resort via a two-hour livestream on X. In an earlier video to promote the project, Trump had said, “We’re embracing the future with crypto and leaving the slow and outdated big banks behind.” .@WorldLibertyFi pic.twitter.com/rHEGQXl4jL — Donald J. Trump (@realDonaldTrump) September 12, 2024 During remarks on Sept. 16, Trump added that crypto is “big and yet it’s a fledgling compared to what it will be…my children opened my eyes.” Donald Trump Family Crypto Project Is A DeFi Platform Trump’s team confirmed that World Liberty Financial is a DeFi platform where users can borrow, lend, and earn interest using cryptocurrencies. As a result, it operates outside the confines of traditional finance. Its WLFI token will be n...