The Shady Financial Past of a Major Trump Crypto Investor
Briefly

Andrei Grachev, involved in a Trump-backed crypto venture, has faced prior fraud allegations and investments deemed questionable. Teaming with World Liberty Financial, the Trump family promoted a governance token that gained traction after investments from prominent figures. Grachev's firm, DWF Labs, purchased $25 million worth of these tokens, raising concerns about the source of funds and the operation's legitimacy, given his background. The financial dynamics suggest possible links to overseas investing, amplifying scrutiny about this collaboration as potential bribery or business strategy for a second Trump term.
Grachev's company is a prominent crypto market-making and investment firm with a murky history, directing a $25 million acquisition of WLF's governance token, $WLFI.
WLF's partnership with the Trump family has raised substantial funds through a crypto token, drawing in attention and money from various overseas unknown sources.
Read at The Nation
[
|
]