President Donald Trump’s decentralized-
finance project World Liberty Financial appears to have bought
more than $20 million worth of cryptocurrencies including Ether
two days before executives at major digital-asset companies are
set to visit the White House to discuss crypto policy.
A digital wallet belonging to World Liberty Financial added
$10.1 million of Ether, $9.9 million of a Bitcoin derivative
called WBTC and $1.68 million of MOVE, a token associated with
blockchain platform Movement, according to data compiled by
analytics firm Nansen. Representatives for World Liberty did not
immediately respond to requests for comment. The moves were
reported earlier by The Block.
Ether’s price is up 2.7% in the past day, while MOVE jumped
by more than 20%, according to tracker CoinGecko.
World Liberty Financial was introduced in September as a
DeFi project, meaning one that provides financial services like
lending and trading crypto without any intermediaries, though it
has yet to offer such services. The Trump family, including the
president and his sons Donald Jr. and Eric Trump, have been
actively promoting the project through social media and public
appearances. The project’s co-founders include Steve Witkoff, a
close ally of Trump’s who is now the president’s envoy to the
Middle East, and his son Zach Witkoff.
gizmodo.com
finance project World Liberty Financial appears to have bought
more than $20 million worth of cryptocurrencies including Ether
two days before executives at major digital-asset companies are
set to visit the White House to discuss crypto policy.
A digital wallet belonging to World Liberty Financial added
$10.1 million of Ether, $9.9 million of a Bitcoin derivative
called WBTC and $1.68 million of MOVE, a token associated with
blockchain platform Movement, according to data compiled by
analytics firm Nansen. Representatives for World Liberty did not
immediately respond to requests for comment. The moves were
reported earlier by The Block.
Ether’s price is up 2.7% in the past day, while MOVE jumped
by more than 20%, according to tracker CoinGecko.
World Liberty Financial was introduced in September as a
DeFi project, meaning one that provides financial services like
lending and trading crypto without any intermediaries, though it
has yet to offer such services. The Trump family, including the
president and his sons Donald Jr. and Eric Trump, have been
actively promoting the project through social media and public
appearances. The project’s co-founders include Steve Witkoff, a
close ally of Trump’s who is now the president’s envoy to the
Middle East, and his son Zach Witkoff.
Trump Family's DeFi Project Stocked Up on Crypto Assets Ahead of White House Crypto Summit
Surely this is all on the level.
gizmodo.com
Last edited:
