Trump family reportedly controls 60% of WLFI, raising red flags over centralization and ethical concerns in DeFi.
Non-tradable governance tokens and potential political influence spark regulatory scrutiny of Trump-linked crypto project.
Recent reports have stirred controversy over the Trump family’s involvement in World Liberty Financial (WLFI), a decentralized finance (DeFi) platform. This follows CNF’s earlier coverage noting that Trump-backed WLFI’s $336M in crypto activity has fueled speculation ahead of the upcoming White House Crypto Summit.
The latest allegations suggest that former President Trump and his immediate family have secured a substantial financial stake in WLFI, raising serious concerns over potential conflicts of interest and broader implications for the cryptocurrency sector.
Trump Family’s Financial Stake in WLFI
According to a Reuters investigation, the Trump family controls 60% of WLFI and is entitled to 75% of net revenues from token sales—val
