World Liberty Financial (WLFI), linked to President Donald Trump, debuted in September with significant investments. Despite raising $300 million from its initial token sale and a second sale generating an additional $250 million, WLFI has struggled due to declining crypto market conditions. The firm's portfolio, valued at approximately $103 million, is heavily weighted towards stablecoin USDC, with losses in several high-profile assets, including a 50% decrease in investment in the cryptocurrency Movement (MOVE). Concerns about potential conflicts of interest arise as Trump's political influence could impact WLFI’s holdings. As the administration marks its first 100 days, scrutiny from Senators regarding the ethics of Trump’s involvement in crypto has increased, amid allegations of market manipulation following Trump's public comments on buying opportunities during market declines. Though WLFI's operations have raised alarms, the company's ties to the crypto industry continue to grow, with favorable legislation being drafted by congressional allies.

Source 🔗