Trump Family Allegedly Rakes in Millions from WLFI—Is It Legal or Just Clever?

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Oh dear, hold onto your hats, folks! A sensational new report has dropped, claiming that President Trump and his fabulous family are reeling in a whopping 75% of the cash from WLFI’s revenue streams, which translates to around $400 million for them, while also pocketing 60% of other juicy incomes! Talk about making it rain! 💸

If these cheeky figures are even remotely true, then we have a feast of questions on our hands about conflicts of interest. Imagine the level of “accountability” we’re talking about here — you’d have a better chance of finding a unicorn! 🦄

Is Trump’s Family Actually Benefitting from WLFI Dollars?

World Liberty Financial (WLFI) is making waves in the crypto world, partly because it’s partnered with none other than President Trump. Rumors flew about a spat with Binance, and lo and behold, WLFI has launched a new stablecoin, USD1, without a clear sign of that flirtatious Binance connection. But, uh-oh, the folks at Reuters have decided to spill the tea about some rather alarming discoveries.

According to their oh-so-reliable sources, it turns out that the Trumps are like cash-hungry vacuum cleaners sucking up 75% of revenues from token sales and 60% from operations like it’s their birthright. That major token sale? A cool $400 million in Trump bucks heading their way! 😱

Now, Reuters also did the math and — surprise, surprise — only 5% of the sale proceeds served to fund WLFI’s platform. The remaining loot? Well, who knows where that’ll vanish? And just onto the cherry on top, those poor buyers can’t even resell their tokens! Talk about a bad investment decision; it’s like ordering a salad at a steakhouse. 🥗🥩

If this is as true as the next Kardashian meltdown, we could be looking at a colossal conflict of interest that could just buckle the entire US economy. Think of it: community leaders like Vitalik Buterin are throwing red flags about the political meme coin circus. With Trump getting an earnings scoop from WLFI’s sales, you just know he’s got a sneaky backdoor into a glittering cash bonanza. 🚪💰

Plus, since Trump’s turbocharging changes in US financial regulations, it’s like there’s no one left to say ‘Hey, is this all above board?’ Case in point? Good ol’ TRON founder Justin Sun threw $30 million into WLFI and then skipped away after the SEC slapped him with a fraud case. Looks like a case of “don’t look here, folks!” 🕵️‍♀️

“When the person in charge is responsible for his own regulation, you’ve got a recipe for disaster,” warned former regulator Ross Delston in his best “I know everything” tone. WLFI tokens could potentially be the perfect sleigh for foreign mega-bucks to land in the President’s stocking.” 🎄

What about the true horror, you ask? Well, it could come not just from political shenanigans but fears of everyone flocking to WLFI’s new stablecoin as Trump tries to shove down stablecoins down our throats. With $111 million in unrealized losses from crypto investments, what could possibly go wrong with claiming reserves in a new stable coin? 🤯

The risks here are more tangled than your earphones at the bottom of your bag. If Trump is cha-chinging from WLFI while pushing his “dollar dominance” scheme, imagine if the allure of USD1 fizzles out! The ensuing catastrophe could rock the crypto universe so hard it may give you motion sickness — unless you’re in the Trump family, of course! 🌀

Let’s face it: this is hands-down an unprecedented money grab for a sitting US President. Some Senators are already snooping around Trump’s WLFI connections, but let’s not hold our breath — their political clout is basically non-existent, like a good hair day in a rainstorm. 🌧️

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2025-03-31 20:56