Analysis: Trump's World Liberty Financial used 5B of its WLFI tokens to borrow $75M from a platform its adviser co-founded; WLFI falls to an all-time low
Onchain data shows WLFI deposited 5 billion of its own tokens as collateral to borrow stablecoins it then sent to Coinbase Prime …
CoinDesk Shaurya Malwa
Related Coverage
- Trump-backed World Liberty Financial tokens hit all-time low on reports of insider loans Fortune · Jack Kubinec
- Trump-Linked WLFI Erases $427 Million From Market Cap on DeFi Loan, Token Unlock Proposal Decrypt · André Beganski
- WLF token price plunges on $75M loan, token unlock plan Bitcoin Insider · Charles Thuo
- WLFI Crashes 13% To All-Time Lows Amid Growing Liquidation Fears For World Liberty Financial NewsBTC · Ronaldo Marquez
- Trump's World Liberty Financial borrows $75M against illiquid WLFI tokens with 16B token dump incoming CryptoSlate · Oluwapelumi Adejumo
- WLFI Attempts To Reassure Markets In Denying Liquidation Risk And Underlining Strong Revenue Growth The Merkle News · Will Izuchukwu
- World Liberty Financial Borrows Millions on Dolomite, Defends WLFI Collateral Bitcoin News · Jamie Redman
- WLFI Defends Dolomite Loans Amid Liquidation Fears The Crypto Times · Kenrodgers Fabian
- World Liberty Financial Pushes Back Against WLFI Risk Concerns on Dolomite Platform Blockonomi · Oliver Dale
- World Liberty Financial Borrows $75 Million Against Its Own Token on a Protocol Its Advisor Co-Founded Unchained
- Trump-Affiliated World Liberty Financial Denies Liquidation Risk After Borrowing $75M Against Own Tokens Benzinga · Parshwa Turakhiya
- Why Is Trump Backed WLFI Token Price Dumping Today (10th April)? CoinGape
- World Liberty addresses risk concerns over 5B WLFI collateral position on Dolomite crypto.news · Rony Roy
- World Liberty defends borrowing position on Dolomite, dismisses liquidation concerns as ‘FUD’ The Block · Timmy Shen
- Trump-backed World Liberty Financial's token plummets to all-time low as firm calls self-dealing accusations ‘FUD’ DL News · Aleks Gilbert
- WLFI Drops 15% After $75M DeFi Borrow Sparks Concerns The Crypto Times · Jahnu Jagtap
Discussion
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@chooserich
Nick O'Neill
on x
Don't worry! We repaid part of the debt we borrowed from our investors (which we shouldn't have borrowed in the first place)!
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@worldlibertyfi
@worldlibertyfi
on x
2 days ago we repaid $15M USD1 on our WLFI Markets position. Today we repaid another $10M USD1. Thank you for your attention to this matter. https://etherscan.io/... https://etherscan.io/...
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@zacheverson.com
Zach Everson
on bluesky
Sounds bad! — “The maneuver, involving WLFI using its own governance token to borrow its own USD1 stablecoin from a protocol advised by a World Liberty Financial insider, has sparked concerns about circular economics and the use of user-funded pools to finance a single insider …
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r/CryptoCurrency
r
on reddit
Trump's World Liberty Financial uses 5 billion WLFI to borrow $75 million from a platform its advisor co-founded