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Yo_Mama_Been_Loggin

(136,171 posts)
Tue Apr 14, 2026, 02:41 PM 18 hrs ago

Trump Family Crypto Project Rocked by Raging Investor Revolt

Investors are fuming at the Trump family’s crypto operation over a move they say secretly set them up to potentially get ripped off.

World Liberty Financial, a cryptocurrency venture co-founded by members of President Trump’s family and his special envoy, Steve Witkoff, has been accused of secretly building controls that let insiders freeze investors’ funds.

Billionaire backer Justin Sun, who poured tens of millions of dollars into World Liberty in its infancy, called the project “a trap masquerading as a door” in a post on X on Sunday.

Sun has led the growing backlash over the project’s decision to use its own WLFI tokens as collateral on a lending platform to secure a $75 million loan. Critics argue the move could allow World Liberty to extract cash ahead of a major token unlock, potentially flooding the market with new supply and pushing the prices down.

https://finance.yahoo.com/markets/crypto/articles/trump-family-crypto-project-rocked-113223539.html

Crypto's a scam. Trump family crypto even more so.

4 replies = new reply since forum marked as read
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Trump Family Crypto Project Rocked by Raging Investor Revolt (Original Post) Yo_Mama_Been_Loggin 18 hrs ago OP
Send the family to the crypt Blue Owl 18 hrs ago #1
*gasp* A Trump family venture that only exists to rip people off??????? tanyev 18 hrs ago #2
I can't believe all the people who ran out and bought a "meme coin" kerry-is-my-prez 18 hrs ago #3
"Nobody could have possibly predicted that Trump's crypto scheme was a con job, a scam, a ripoff." Midnight Writer 17 hrs ago #4

tanyev

(49,382 posts)
2. *gasp* A Trump family venture that only exists to rip people off???????
Tue Apr 14, 2026, 02:47 PM
18 hrs ago

Last edited Tue Apr 14, 2026, 03:51 PM - Edit history (1)

Say it isn't so!

kerry-is-my-prez

(10,300 posts)
3. I can't believe all the people who ran out and bought a "meme coin"
Tue Apr 14, 2026, 02:50 PM
18 hrs ago

It wasn’t even real crypto - which indeed is built around a bunch of hokus pokus - but you used to make money off of it for the time being. When I heard about the Trump meme coin, I read one short article about it and rolled my eyes at the dumbasses who invested in it. Then Melania came out with a meme coin and the same idiots went and bought that.

Midnight Writer

(25,512 posts)
4. "Nobody could have possibly predicted that Trump's crypto scheme was a con job, a scam, a ripoff."
Tue Apr 14, 2026, 03:33 PM
17 hrs ago

I am losing my faith in the intelligence of my fellow citizens. How many times does a guy have to screw a MAGA over before he figures out he is being played for a fool?

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