Trump-Backed Crypto Project World Liberty Financial Faces Scrutiny Over Insider Token Allocations

 **Trump-Backed Crypto Project World Liberty Financial Faces Scrutiny Over Insider Token Allocations**

A draft of the white paper for **World Liberty Financial (WLFI)**, a crypto project promoted by former U.S. President Donald Trump and his sons, reveals that **70% of WLFI tokens** will be reserved for project insiders. This unusually high insider allocation has raised concerns among industry experts, some of whom view it as excessive compared to other projects. By contrast, Ethereum allocated only 16.6% of its tokens to early contributors, and Cardano’s founders retained 20% of ADA at launch.

**World Liberty Financial** positions itself as a crypto lending platform aiming to disrupt the traditional finance system. However, critics argue that such a high allocation to insiders may undermine the project’s public-facing promises to democratize finance. A source close to the project emphasized that the tokenomics are still being finalized, and details will be officially announced via the project’s social media channels.

The project has attracted attention due to its links to the Trump family, who play key roles in promoting the initiative. Donald Trump serves as the "Chief Crypto Advocate," while his sons Don Jr. and Eric hold the title of "Web 3 Ambassador." Despite this involvement, the white paper stresses that **World Liberty Financial** is not politically affiliated with Trump’s campaigns or businesses.

Further complicating the project’s launch are security concerns. Recent reports revealed links to **Dough Finance**, a crypto lending app that was hacked, and the Trump family’s social media accounts have been targeted by hackers promoting crypto scams. 

Industry figures, including Trump supporters, have voiced concerns about potential regulatory scrutiny from the SEC, the possibility of future hacks, and the potential impact on Trump’s political image.

While the WLFI token is non-transferable at launch to avoid securities law violations, the project's reliance on insider funding and high-profile backing has raised red flags about its long-term viability and intentions.

Code   CPA_00MOEOBVI1

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