Did the Trump Family Coin Pocket Hundreds of Billions Through Secret Backroom Deals? How Far Will the Endless Fall Go?

▲ Donald Trump, WLFI/ChatGPT generated image ©

Evidence has emerged that a virtual asset project led by the family of former U.S. President Donald Trump secured massive funds through secret, undisclosed sales, sending a huge shockwave through the market. While ordinary investors suffered painful losses due to the coin's price plummeting, fierce criticism is mounting that only project insiders are profiting, leading to an uncontrollable spread of morality controversy.

According to cryptocurrency media outlet Bitcoinist on May 2nd (local time), Bloomberg reported that World Liberty Financial (WLFI), a project sponsored by the Trump family, earned hundreds of millions of dollars through undisclosed sales of its tokens. The project raised $550 million in two funding rounds conducted from October 2024 to January 2025, and subsequently quietly sold an additional 5.9 billion WLFI tokens to accredited private investors. Based on the token price of $0.05 during the second funding round, this undisclosed sale is estimated to have raised approximately an additional $295 million.

These secret fundraising activities came to light when the information analysis platform Tokenomist AI investigated governance-related documents. The analysis confirmed that the amount of tokens allocated to founders, internal teams, and partners subtly increased without clear explanation. The project claimed it was a customized transaction for specific buyers but meticulously concealed the identity of the purchasers. Notably, 75% of the proceeds were designed to flow to entities associated with the Trump family, fueling controversy over conflicts of interest.

Disputes surrounding internal management have also escalated into a messy lawsuit. Justin Sun, founder of the virtual asset Tron (TRX), who invested $45 million to purchase 3 billion tokens and received an additional 1 billion as an advisor, recently filed a lawsuit against the project. He strongly protested that the project team blacklisted his wallet address, freezing his tokens and revoking his voting rights. Furthermore, he fiercely criticized a new governance proposal to lock up early investors' tokens for at least two more years, calling it "coercive global tyranny."

To make matters worse, it was revealed that the project deposited 5 billion of its held tokens into Dolomite, a decentralized lending protocol, and borrowed $75 million in stablecoins, causing market confidence to plummet. Amidst a series of negative developments, the token price plunged to an all-time low of $0.054 on Friday. This represents an 83% drop from its all-time high of $0.33 recorded on September 1, 2025. Professor Eswar Prasad of Cornell University strongly criticized the current reality as "surreal," where the Trump family profits from businesses with clear conflicts of interest while completely blocking other investors from sharing in the gains.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*