"World Liberty Financial has sold an additional 5.9 billion WLFI tokens to undisclosed private investors, without informing existing backers, sending the token to an all-time low and deepening scrutiny over the Trump family-backed decentralized finance project."
"Early investors who bought WLFI at $0.05 remain locked out of 80% of their holdings as of May 2026, raising concerns about the fairness of the token distribution."
"The private buyers received tokens through a separate channel under terms not disclosed to the broader investor base, leading to significant dilution for retail holders."
World Liberty Financial sold 5.9 billion WLFI tokens to undisclosed private investors, leading to an all-time low for the token. Early investors, who bought tokens at $0.05, are locked out of 80% of their holdings. The private sales were conducted without informing existing backers, raising concerns about insider benefits. The Trump family, co-founders of WLFI, receives 75% of token proceeds, which has attracted political scrutiny. The situation has intensified scrutiny over the decentralized finance project.
Read at news.bitcoin.com
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