{"id":21633,"date":"2026-04-12T13:10:34","date_gmt":"2026-04-12T13:10:34","guid":{"rendered":"https:\/\/gangsterismout.com\/?p=21633"},"modified":"2026-04-12T15:12:48","modified_gmt":"2026-04-12T15:12:48","slug":"world-liberty-financial-trump-fraud","status":"publish","type":"post","link":"https:\/\/gangsterismout.com\/?p=21633","title":{"rendered":"World Liberty Financial – Trump Fraud"},"content":{"rendered":"

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\nWLFI<\/a> is the native token of the Donald Trump\u2013backed crypto platform World Liberty Financial<\/a>. It cratered to new low on Friday as investors learned that the company had lent out tokens on a platform tied to one of its executives. WLFI was trading at $0.07986, a 84% drop from its all-time high last September.
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\nWLFI borrowed $75m by using their own token as collateral from a lending platform co-founded by their own advisor. This to borrow their own stablecoin. They then moved $40m of it to Coinbase Prime … all undisclosed to their clients or the public. Their move was detected by market watchers. <\/p>\n

World Liberty Financial pledged 5 billion WLFI tokens on the Dolomite lending platform to borrow $75m in stablecoins, draining the protocol’s USD1 pool and sending more than $40 million to Coinbase Prime. Dolomite was co-founded by Corey Caplan \u2014 the same pig who also works as an advisor to World Liberty Financial. Their own insider built and controls the platform, raises the supply caps for them, and lets the Trump family collateralize vaporware at favorable terms against user’s liquidity. The WLFI token dropped to a record low as the oversized collateral position, nominally valued at about $440m, left Dolomite exposed to potential bad debt because a forced liquidation would crash the thinly traded token’s price.<\/p>\n

The maneuver, with WLFI using its own governance token to borrow its own USD1 stablecoin from a protocol advised by an insider, has sparked concerns about the use of user-funded pools to finance a single insider borrower.
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\nThe WLFI team page (since deleted) lists three Witkoffs as co-founders. Steven Witkoff serves as Trump\u2019s Middle East envoy. He also testified as a character witness at Trump\u2019s fraud trial. Son Zach runs the crypto operation. His son Alex is also listed as a Co-Founder. <\/p>\n<\/p>\n
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\nSheikh Tahnoun of Abu Dhabi (Spy Sheik) paid $500m for a 49% stake in WLFI. That stake was never publicly disclosed.<\/td>\n<\/tr>\n<\/table>\n

Trump then approved AI semiconductor exports to Sheikh Tahnoun\u2019s companies over national security objections.<\/p>\n

Trump scammers are brazen. A congressman previously called WLFI \u201cthe world\u2019s most corrupt crypto startup operation.\u201d The WLFI team put it on a coffee mug and sold it for $45. The revenue split on the mug is also 75\/25.<\/p>\n

600,000 wallets bought the $TRUMP memecoin<\/a> and investors lost $3.87 billion in aggregate. The Trump family reportedly collected $350m in trading fees from the token. If you invested $100k in $TRUMP at its peak in Jan 2025, today you\u2019d have a shrinking $3,660. Thats down 96% in the 15 months.<\/p>\n

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\nSee —- Bitcoin Deathcross<\/a>
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\nKudos to @gothburz on Twitter.<\/p>\n

“What was never disclosed \u2014 to me or to any investor \u2014 is that World Liberty embedded a backdoor blacklisting function in the smart contract used to deploy WLFI tokens. This function gives the Company unilateral power to freeze, restrict, and effectively confiscate the property rights of any token holder, without notice, without cause, and without recourse.”<\/p>\n

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3 people. 3 crimes. 3 pardons.<\/p>\n

All 3 had one thing in common \ud83d\udc47@cz_binance<\/a> (Binance & Aster)<\/p>\n

> pleaded guilty to money laundering
> Got a presidential pardon
> That same week, his exchange listed Trump\u2019s stablecoin
> Then settled a $2 billion deal in it@justinsuntron<\/a>\u2026 pic.twitter.com\/z7WUGv8b0D<\/a><\/p>\n

— jussy (@jussy_world) April 12, 2026<\/a><\/p><\/blockquote>\n