A draft white paper for World Liberty Financial (WLFI), a cryptocurrency project associated with the Trump family, reveals that 70% of the project’s tokens are reserved for founders, team members, and service providers.
In response to the rumors circulating, WLFI released a detailed statement on social media in an attempt to clarify their intentions and address the growing speculation:
“Rumors are flying, but here’s the real story behind World Liberty Financial (WLFI). We are aware of the magnitude of what we are building and the potential impact it will have on both crypto and our country, especially with the upcoming election.”
The response said the project was committed to security, noting that WLFI had commissioned top security experts to conduct a comprehensive review of its code. “We use best practices and make user security our primary concern,” the statement said.
However, the project is known to be a fork of the previously hacked Dough Finance. The latest information was that the WLFI token would be a non-transferable token.
*This is not investment advice.