The World Liberty Financial, a decentralized financial project (DEFI) supported by President Donald Trump’s family, seized more than $ 20 million worth of digital assets before the first Crypto Summit of the White House on March 7.
According to Bloomberga digital purse tied to World Liberty has earned $ 10.1 million worth of ether (Eth), $ 9.9 million worth of Bitcoin wrapped (Wbtc) and $ 1.68 million of the token of movement movement two days before the climax.
The Trump family launched World Liberty Financial in September during the US presidential election. When it becomes full operation, World Liberty claims to allow crypto holders to buy, sell and earn interest in their holders without centralized mediators.
In January, President Trump’s son Eric Trump, said the freedom of the world would “change the defi/cefi and would be financially future.”
Source: Eric Trump
However, the project is not without controversy. In February, a Blockworks report said that freedom in the world was The sale is floating of the upcoming WLFI tokens on other projects in exchange for buying their tokens.
Cointelegraph reached some of the projects that allegedly received the offer of the token swap, with a project confirming that no offer was available.
Freedom in the world Delivered On social media that “we do not sell any tokens (but) simple reality assets for ordinary business purposes.”
Related: Trump’s WLF bag over $ 100m in crypto tokens on inauguration day
Strange timing
Although freedom in the world is not a stranger to taking cryptocurrency – the company will be held More than 66,000 ETH By the end of January – the timing of the latest purchase coincides with the highly expected White House Crypto Summit on March 7.
The Summit, which is the first of its kind, will feature roundtable discussions between the leaders of the crypto industry and members of the President Trump’s working group in digital assets.
Adding to the intrigue is Crypto czar david sacks.Btc) in the past.
The US government has gained $ 366 million in the proceeds of the previous sales of Bitcoin, but that stockpile is “worth more than $ 17 billion today,” Sacks said.
Source: David Sacks
“That is how much American taxpayer costs that do not have a long -term approach,” he said.
Comments come in the midst of growing speculation -haka formally recommended by the Trump administration Special status provided in bitcoin.
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