Eric Trump Calls Justin Sun’s Lawsuit ‘Ridiculous’ As WLFI Hits New All-Time Low
World Liberty Financial (WLFI) has hit new lows as one of its largest investors files a lawsuit against the project backed by the US First Family, raising concerns about the project’s stability. Related Reading: Ethereum Faces ‘Moment Of Truth’ As Price Eyes $2,450 Resistance – Breakout Loading? WLFI Sinks Amid Justin Sun Lawsuit World Liberty Financial’s token has fallen around 3% over the past 24 hours, reaching a new all-time low of $0.0761 on Thursday morning, according to CoinGecko data. The cryptocurrency had been trading between $0.0887-$0.1355 since the early February correction,....
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World Liberty Financial (WLFI)—the crypto project linked to the Trump family—is drawing renewed backlash after advancing a proposal that would keep some early investors’ WLFI tokens locked and unusable for trading for an extended period. The situation has also triggered strong condemnation from Tron founder Justin Sun, who took to X (formerly Twitter) to describe […]
World Liberty Financial (WLFI), a forthcoming cryptocurrency platform endorsed by President Donald Trump and his sons, has reported a significant uptick in the sale of its governance tokens. After a slow initial rollout approximately four months ago, Bloomberg reports that the platform has sold over 24 billion of its WLFI tokens, representing more than 96% of its total supply. As it stands, fewer than 1 billion tokens remain available for sale. World Liberty Financial Token Sale Sparks Debate The World Liberty Financial token, priced at 5 cents each, is part of a broader initiative aimed....
Trump-backed crypto investment firm World Liberty Financial has raised $590M in the $WLFI token sale. The total token supply is capped at 100 billion. Out of this, 20% of the tokens (20 billion) were made available for sale in October at a price of just $0.015. The initial sale experienced slow demand. However, after the launch of $TRUMP and $MELANIA, the Trump family’s in-house meme coins, the $WLFI token sale also took off. The first round raised around $300M. Another 5 billion tokens were then opened for sale at $0.05 per token, raising $250M. In addition to this $550M, Tron founder....
Eric Trump has stepped down from the board of ALT5 Sigma, a newly established World Liberty Financial Treasury company. As reported by Forbes on Tuesday, the decision has led to a 7% decline in the WLFI price, causing it to fall below the crucial $0.20 threshold. Confusion Surrounds Eric Trump’s Exit From ALT5 Sigma The announcement of Trump’s departure was made through a Securities and Exchange Commission (SEC) filing, which revealed that the change came just weeks after ALT5 Sigma had initially appointed him as a director. Related Reading: This Week In Crypto: What Investors Need....
The project team dared Justin Sun to go to court. Now he has. Justin Sun, the founder of the Tron blockchain and the single largest individual investor in World Liberty Financial, filed a lawsuit in a California federal court on Wednesday against the Trump-family-backed crypto project. Related Reading: Arbitrum Acts Fast: $71M In Ether Locked […]