Daily News 19

Tag: Trump Family

  • World Liberty Financial: Can $6M Whale Buying Push WLFI Back to $0.06?

    World Liberty Financial: Can $6M Whale Buying Push WLFI Back to $0.06?

    World Liberty Financial ($WLFI) Price Analysis: Whale Accumulation Counters Founder Sell Concerns

    World Liberty Financial ($WLFI) reached a local high of $0.061 four days ago before retracing sharply. At press time, the token trades around $0.058 with trading volume down 13% to $42 million, signaling a market slowdown.

    Whale Accumulates $6.18 Million in $WLFI

    Despite cooling momentum, on-chain data reveals significant whale accumulation. According to Arkham Intelligence data highlighted by Nazoku, a single whale withdrew 90 million $WLFI from Binance and received an additional 18.7 million $WLFI from other wallets, totaling 108.45 million $WLFI worth approximately $6.18 million.

    This sustained buying pressure suggests strong optimism from major holders anticipating further gains.

    Exchange Netflows Confirm Accumulation Trend

    CoinGlass data shows Spot Netflow has remained negative for 12 consecutive days, indicating consistent withdrawal of tokens from exchanges into private wallets. Historically, extended periods of negative netflow have often preceded stronger price performances.

    Founder Token Movements Raise Selling Pressure Concerns

    Market caution persists due to reported actions by the Trump family and co-founders. The Washington Sun reported that Trump and other founders moved 20 billion $WLFI into new vesting contracts, a structural step that would enable future cash-outs and payouts.

    This development has intensified concerns among market participants and watchdogs regarding potential conflicts of interest and significant selling pressure if major holders decide to liquidate positions.

    Technical Indicators: Bullish Structure With Reversal Risks

    Current technical analysis presents a mixed but cautiously optimistic picture:

    • Bulls vs. Bears (BvB) indicator: Positive at 5, indicating buyer dominance
    • Relative Strength Index (RSI): Hovering above 50, suggesting active buyers and trend continuity

    Key price levels to watch:

    • Bullish scenario: If whale demand holds, $WLFI could close above $0.058–$0.06
    • Bearish scenario: Persistent slowdown could push RSI below 50, signaling trend reversal with potential decline to $0.054

    Summary

    • A World Liberty Financial whale purchased 108 million $WLFI worth $6.18 million across recent transactions.
    • Market structure remains bullishly cautious amid allegations that Trump family and founders are preparing to sell holdings via new vesting contracts.
  • Trump Family Crypto Schemes Cost Investors Over $4.7 Billion

    Trump Family Crypto Schemes Cost Investors Over $4.7 Billion

    Trump Family Crypto Ventures Cost Investors Over $4.7 Billion, Public Citizen Report Finds

    A new report from the watchdog group Public Citizen reveals that investors in cryptocurrency schemes launched by the Trump family have collectively lost more than $4.7 billion. The findings, published Thursday, arrive as President Donald Trump urges the Senate to pass crypto market structure legislation next month.

    Official Trump Memecoin Drives $3.2 Billion in Investor Losses

    The Official Trump (TRUMP) memecoin stands as the primary source of losses, accounting for $3.2 billion. The president unveiled the token three days before beginning his second term. According to Public Citizen, the token surged to a trading price above $73 within two days of its launch before collapsing. It currently trades below $2, as reported by Cointelegraph and Raw Story.

    Public Citizen emphasized that the $3.2 billion figure represents wealth transferred to early insiders rather than vanished funds. Data shows that 1% of wallets captured 80% of gains, while 65% of holders remain underwater, collectively nursing the $3.2 billion loss.

    President Trump did not lose money on the venture. He neither invested nor spent cash on his wallet, which is valued at $271 million. Additionally, he earned $635 million in licensing fees from the token last year, according to Raw Story.

    World Liberty Financial Tokens and NFT Trading Cards Add to Losses

    World Liberty Financial’s governance token—linked to the project founded by Eric Trump and Donald Trump Jr.—accounts for at least another $1 billion in total losses. The token peaked at $0.33 in September 2025 and now trades below $0.06. Public Citizen notes that private purchasers who bought in at $0.015 or $0.05 are up 15% to 283%, while public market buyers near the peak may be down 83%.

    The 2022 Trump NFT trading cards, initially sold at $99 each, saw overall value plummet from $12.3 million to $3 million, leaving holders nearly $9.3 million in losses. Trump collected $7.2 million in licensing fees and royalties from the cards.

    One asset avoided significant harm. Public Citizen says that buyers of World Liberty’s USD1 stablecoin haven’t suffered major losses.

    Trump’s Crypto Earnings Top $1.4 Billion Amid Investor Losses

    The report tallies the former president’s earnings across these projects:

    • $7.2 million from NFT trading cards
    • $600 million-plus from World Liberty token sales and equity position
    • $635 million from memecoin licensing fees
    • $197 million in capital contributions to World Liberty

    These figures align with Trump’s 2025 crypto-related earnings totaling $1.4 billion, excluding his equity positions in the companies.

    The White House did not immediately respond to a Cointelegraph request for comment. Spokesperson Anna Kelly previously stated there were no conflicts of interest regarding Trump’s crypto assets.

    Public Citizen Urges Ethics Provisions in CLARITY Act

    Zach Everson, research director for Public Citizen’s Trump Accountability Project and the report’s author, urged critics not to mock buyers. Trust me, I get the desire to sneer, he wrote in a Thursday post, before arguing that buyers got screwed over nevertheless.

    Public Citizen used the findings to renew its call for ethics provisions in the Digital Asset Market Clarity (CLARITY) Act, arguing that the president’s policy choices and personal portfolio cannot be separated and that any market-structure law should force a sitting president and his family to divest from the industry.

    Legislative Timing and Senate Hurdles

    The timing is deliberate. Trump met with crypto executives last week and called for a fair version of the CLARITY Act to pass once the Senate reconvenes. The bill faces a cloture vote on September 15 and requires at least 60 senators to advance.

  • WSJ: UAE Royal Sheikh Tahnoon Bin Zayed Holds 49% Stake in Trump-Linked World Liberty Financial Banking Venture

    WSJ: UAE Royal Sheikh Tahnoon Bin Zayed Holds 49% Stake in Trump-Linked World Liberty Financial Banking Venture

    UAE National Security Adviser Reportedly Holds 49% Stake in Trump-Linked Crypto Banking Venture

    The Wall Street Journal reports that Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser, holds a 49% stake in the banking venture of World Liberty Financial (WLFI), the cryptocurrency project associated with the Trump family. The report identifies Sheikh Tahnoon as a key backer and shareholder of the U.S. bank that WLFI is preparing to launch through its unit, World Liberty Trust.

    Regulatory Milestone: OCC Conditional Approval

    The Office of the Comptroller of the Currency (OCC), the primary U.S. federal banking regulator, has conditionally approved a bank charter for World Liberty Trust. This conditional approval represents a significant regulatory step for the venture, though it remains subject to specific conditions and final authorization. The OCC’s decision allows the charter process to advance while the applicant works to meet all regulatory requirements.

    Profile: Sheikh Tahnoon bin Zayed Al Nahyan

    Sheikh Tahnoon serves as the UAE’s national security adviser and is a member of the Abu Dhabi royal family. Often referred to as the “spy sheikh” due to his intelligence portfolio, he is a prominent figure in Emirati finance and technology investment. His reported involvement adds a substantial international dimension to the Trump family’s cryptocurrency banking initiative, prompting questions about foreign investment in U.S. financial institutions and the regulatory scrutiny such arrangements attract.

    Implications for Crypto-Banking Convergence

    This development underscores the accelerating intersection between traditional banking and cryptocurrency, as well as the growing participation of sovereign-linked investors in U.S. financial ventures. If finalized, the bank would mark a notable entry of a crypto-aligned entity into the regulated U.S. banking system.

    However, the involvement of a foreign royal family member raises potential concerns regarding national security and compliance with U.S. banking laws, particularly around foreign ownership thresholds and influence. The OCC’s conditional approval suggests these issues are under active review, but the final outcome remains uncertain.

    Why This Development Matters

    For industry observers, this story highlights the evolving landscape of cryptocurrency regulation and the complex relationships between political figures, financial innovation, and international capital. The outcome could set a precedent for how crypto-related banking ventures are treated by U.S. regulators, especially when foreign stakeholders hold significant equity positions.

    Key Facts at a Glance

    • Entity: World Liberty Financial (WLFI) / World Liberty Trust
    • Reported Stakeholder: Sheikh Tahnoon bin Zayed Al Nahyan (49% per WSJ)
    • Regulatory Status: Conditional bank charter approval from the OCC
    • Significance: Potential first crypto-aligned bank with major foreign sovereign-linked ownership

    Related Developments

    This is a developing story. Further details are expected to emerge as regulatory processes advance and additional reporting becomes available.

  • Wlfi unlocks 1 $ Airdrop voting and achieves stable return

    Wlfi unlocks 1 $ Airdrop voting and achieves stable return



    • USD1 AIRDROP receives 99.97% support, while World Liberty Financial tests the StableCoin distribution on Ethereum.
    • The legal pressure on Wlfi increases in view of the connections to Trump and the examination of foreign investments.

    World Liberty Financial (WLFI), a defi project that is connected to the Trump family, has initiated a governance vote to approve the test airdrop of its stable coin USD1. The step takes place in the middle of an increasing dynamic for USD1, which is now integrated in Lista Dao, and follows a strong increase in market capitalization.

    While the Airdrop proposal was almost unanimously supported, the project is also faced with an increased examination by US legislators due to possible conflicts of interest. The vote, which is to be completed on May 14th, represents a decisive step in Wlfis StableCoin sales strategy.

    Wlfi starts coordination via 1 Airdrop and extends DAO integration

    As CNF reported, the WLFI team proposed a live-onchain test airdrop of its USD1 tablecoin to the current Wlfi token holder. According to the explanation of the project, the test aims to validate the technical infrastructure and at the same time thank the early supporters. The vote, which opened on May 7, has received overwhelming approval: 99.97 % of the votes spoke out for the step, 2.6 billion were for this and 901,400 against it.

    The Snapshot vote follows the proposal of the WLFI from April and precedes a broader introduction of the 1 USD, which officially begins in March 2025. USD1 is supported by US dollar deposits, short-term government bonds and cash-like assets and quickly gained importance on the StableCoin market. Wlfi has not confirmed the distribution amount or the final time of the airdrop and, in his Governance post, pointed out that the company reserves the right to change or cancel the test.

    After the vote, Wlfi USD1 with Lista Dao integrated into BNB Chain. The new liquidity pool enables users to achieve returns by lending or borrowing USD1 returns. The WLFI team described the integration as a step towards a wider defi acceptance and said that stable returns for investors who are looking for a risky crypto engagement have become an important focus.

    Legal concerns about the closeness to Trump and foreign investments

    Despite the increasing dynamics of the project, Wlfi is examined by US legislators. Critics have expressed concerns about national security risks and possible violations of the emule clause. The Democratic Senator Richard Blumenthal recently asked Wlfi co-founder Zach Witkoff information about the connections of the project to the Trump family and to foreign investors.

    On the Wlfi website, Donald Trump is mentioned as the “top crypto supporter”, while Eric, Donald Jr. and Barron Trump are listed as members. However, the project paper of the project denies that members of the Trump family have ownership or leadership roles at Wlfi.

    The examinations were tightened after the MGX company based in Abu Dhabi had announced to use USD1 for a 2-billion dollar business with Binance. On the same day, the Democrats of the House of Representatives boycotted a hearing for cryptor regulation and referred to unresolved conflicts related to Wlfi. Since its start in September, the project has carried out two token sales, taking $ 550 million.