World Liberty Financial (WLFI), a crypto firm linked to the family of US President Donald Trump, caused a stir with its launch late last year. The project faced criticism for allegedly front-running key crypto events and posing a conflict of interest due to Trump's involvement. Despite Trump's potential influence, WLFI's investments were impacted by market trends, with both crypto and stock prices dropping. The firm raised $550 million through token sales, with a focus on stablecoins like USDC and assets like WBTC and ETH. While some investments like WBTC, SEI, and AVAX performed well, others like MNT and MOVE suffered losses. Concerns were raised about potential market manipulation and conflicts of interest, but the Trump administration's ties to crypto continue to strengthen, with allies in Congress supporting favorable legislation for the industry. Read more AI-generated news on: https://app.chaingpt.org/news

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