Trump family-related crypto project purchases 6 million USD tokens while quietly "cashing out"?
World Liberty Financial (WLFI) – a Web3 project closely connected to President Donald Trump's family – has just spent 6 million USD to buy token A from Vaulta (previously EOS), in a partnership agreement to integrate stablecoin USD1 into the Web3 banking ecosystem of #Vaulta . The transaction has quietly taken place since May, pushing the price of Vaulta tokens up over 30% in early July.
Meanwhile, WLFI continues to increase its financial influence as their stablecoin USD1 has reached a scale of 2.2 billion USD, ranking 7th globally. WLFI has also just purchased an additional 3,500 $ETH , raising their total holdings to 275 million USD. However, the community is concerned as WLFI tokens are about to be traded and risk a "pump and dump" scheme.
Notably, DT Marks DEFI LLC – a company associated with the Trump family – has quietly reduced its ownership stake of #WLFI from 60% to 40%, bringing in about 190 million USD. Mr. Trump alone could have pocketed 135 million USD, raising concerns about transparency.
Nevertheless, WLFI continues to attract large inflows: the Aqua 1 fund from the UAE has invested 100 million USD, becoming the largest individual shareholder, surpassing Justin Sun. This investment also helps WLFI establish the Aqua Fund in Abu Dhabi, expanding the cross-continental DeFi network independent of traditional banks.
Risk warning: Cryptocurrency investment carries many risks and is not suitable for everyone. Investors should carefully consider before participating.