CandleFocus Trump-backed World Liberty Financial stumbles at launch, website goes offline
2024-10-15
Author: Content Editor
World Liberty Financial, a cryptocurrency project backed by Donald Trump and his sons, has launched but has faced technical difficulties with its website repeatedly going offline. Blockchain data shows that the token has over 2,900 holders, and a particular address holds around $3.7 million in ether, $1.2 million in tether, and $240,000 in USDC. Despite over 100,000 investors being whitelisted, the launch has been bumpy. World Liberty Financial claims to restructure US debt and challenge the current financial system but lacks detailed plans. The project seems to be connected to the hacked Dough Finance and includes team members from failed projects. This is the first time Trump has visibly supported a project aiming to disrupt the financial system of the country he aspires to lead.
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