$TRUMP The President of the United States, Donald Trump, had announced in September the cryptocurrency project World Liberty Financial (WLFI), which generated a great stir during the electoral process. This project, which promises a "financial revolution," was designed to transfer 75% of the income obtained after the first 30 million dollars directly to the Trump family, offering tokens that could not be resold.
In July 2024, the Trump family further complicated their ownership structures by establishing a series of companies related to the project. In an initial stage, the Trump family's umbrella company, DT Marks DEFI LLC, owned 75% of World Liberty Financial. However, after the inauguration ceremony of the president on January 20, things changed quickly and the company conducted a token sale for approximately 200 million dollars.
According to a Forbes report, the Trump family reduced their stake in World Liberty Financial from approximately 60% to 40% in the last 11 days. The details of the transaction were not shared with the public, but it is mentioned that, when comparing the market value of the company with that of a similar cryptocurrency firm like Circle, the Trump family could have earned approximately 190 million dollars from this sale. It is estimated that around 135 million dollars of these earnings could have gone directly to former President Trump.
