World Liberty Financial (WLFI), linked to the Trump family, has purchased 4.89 million SEI tokens for $775,000, adding to its significant investment in altcoins. This purchase occurred on April 12, using USDC from WLFI's main wallet and follows previous accumulation of various altcoins, totaling approximately $347 million spent on 11 tokens without any current profits. WLFI's portfolio is reportedly down about $145.8 million, including losses exceeding $114 million on Ethereum investments alone. Additionally, criticism has emerged regarding Trump's involvement with WLFI’s stablecoin, USD1, with lawmakers expressing concerns about potential conflicts of interest related to its usage by the government. Former President Trump's son, Eric Trump, previously encouraged followers to buy Ether, which has dramatically decreased in value since his recommendation. WLFI's stablecoin is gaining attention as its icon appears on major platforms, although no official announcement has been made about its branding.

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