Bloomberg Finds Signs Trump-Linked World Liberty Financial Made Private Token Sales

Source
Uk Jin

Summary

  • Bloomberg reported that signs have emerged that World Liberty Financial privately sold tokens to individual investors after its public fundraising rounds.
  • World Liberty Financial privately sold 5.9 billion tokens after raising more than $550 million through two public fundraising rounds, Bloomberg reported.
  • The investigation found that the amount of tokens allocated to founders and partners increased without a clear explanation, and the project described the transactions as “white glove” deals.
Photo: World Liberty Financial logo
Photo: World Liberty Financial logo

Signs have emerged that World Liberty Financial, the cryptocurrency project involving U.S. President Donald Trump’s family, sold tokens to investors in private.

Bloomberg reported on May 1 that World Liberty Financial privately sold 5.9 billion tokens to individual investors after raising more than $550 million through two public fundraising rounds.

After commissioning Tokenomist to investigate World Liberty Financial, Bloomberg found that the number of tokens allocated to founders and partners had increased without a clear explanation. The project described the transactions as “white glove” deals, but did not provide further details.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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