Charles Hoskinson, founder of the Cardano blockchain, has expressed concerns about a new decentralized finance (DeFi) project endorsed by former U.S. President Donald Trump. In a recent interview, Hoskinson discussed the potential challenges that the World Liberty Financial (WLFI) project might face. He noted that due to its ties with Trump, the crypto sector could attract heightened scrutiny from U.S. regulatory bodies.
Charles Hoskinson Cautions on Trump’s World Liberty Financial
In a recent interview, Charles Hoskinson voiced apprehensions regarding the new DeFi platform called World Liberty Financial, which is being promoted by Donald Trump and his sons. The venture aims to offer financial services without traditional intermediaries like banks or exchanges, promising to move away from “slow and outdated big banks.”
Launched earlier this week, the crypto project World Liberty Financial announced it will keep 63% of WLFI token supply for the public.
However, Hoskinson has exp
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