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cointelegraph.com Trump’s WLFI crypto investments aren’t paying off

World Liberty Financial (WLFI), the crypto firm associated with the family of US President Donald Trump, made waves when it debuted late last year.WLFI caused a stir when it launched ahead of the president’s inauguration. Observers have accused the project of front-running important crypto-related events, like the White House Crypto summit, and presenting a conflict of interest.Trump is in a unique position to influence outcomes that would affect his portfolio, but WLFI is not insulated from the broader market trends, which have seen crypto and stock prices drop amid significant macroeconomic concerns. The Trump administration will soon mark 100 days in office. Here’s what WLFI has been up to, and how the president’s crypto investments are shaking out.The “gold paper” for WLFI features flattering Trump imagery. Source: WLFIFounding and ownership of Trump’s crypto investment WLFI projectWLFI launched on Sept. 16, with then-President-elect Donald Trump announcing the move on X. Founded under the guidance of real estate magnate Steve Witkoff and his son Zach, the co-founders also include Chase Herro, a crypto investor and self-described “dirtbag of the internet,” and Zak Folkman, a social media influencer and former pickup artist. The Trump family also features prominently. President Trump is listed as “chief crypto advocate,” while his sons Eric, Donald Jr. and Barron are “Web3 ambassadors.” The leadership team at WLFI. Source: WLFIWLFI token salesOne of World Liberty Financial’s first moves was to sell its own token. The first token sale opened on Oct. 15, 2024, earning the company about $300 million by selling 20 billion WLFI $WLFI for $0.015 each.  On Jan. 20, 2025, the day Trump was inaugurated, WLFI announced a second token sale, citing “massive demand and overwhelming interest.” The firm offered 5 billion tokens at $0.05 each, representing a price increase of 230% from the first sale. The second sale was completed nearly two months later on March 14, having met its full target of $250 million.According to the project’s “gold paper,” the WLFI tokens will confer voter rights to holders on important matters affecting the protocol, such as upgrades. The anticipated token distribution is:35% through token sales,32.5% for incentives and community growth,30% for “initial supporter” allocation,and 2.5% for “core team and advisers.”All told, WLFI walked away with $550 million in token sales. $WLFI was only available to accredited investors and cannot be transferred or traded on exchanges per the terms and conditions. There is yet to be an announced listing date for the token. WLFI’s portfolioToken sales aside, the WLFI has been acting as a type of crypto fund, accumulating a number of different tokens over the past several months. Here’s a breakdown:WLFI portfolio contains a number of different assets, with 13 making up the lion’s share at time of writing. Most of its holdings are in dollar-backed stablecoin USDC, followed by Wrapped Bitcoin (BTC) and Ether (ETH). The top 13 assets make up nearly $100 million of the firm’s $103 million portfolio, according to Arkham. Dozens of other small coins, some with a total dollar value of less than $100,000, make up the remaining value. WLFI’s $5 million worth of Aave Ethereum USDC (aethUSDC), means they supply USDC to a pool on Aave. WLFI’s portfolio contains eight cryptocurrencies that are non-stablecoin assets it purchased (versus received via airdrop). Wrapped BTC (WBTC)Mantle (MNT)Movement (MOVE)Sei (SEI)Avalanche (AVAX)Tron (TRX)Ondo (ONDO)Ether (ETH) Overall, WLFI’s holdings in WBTC, SEI and AVAX have been performing most successfully.  The first WBTC purchase happened on Dec. 18, when WLFI exchanged 103 WBTC for 103 cbBTC. Nearly one month later, WLFI traded everything for ETH. The fund started accumulating WBTC again, mostly using USDT, and sent it to Coinbase Prime in early February.WLFI’s AVAX position was completed in one purchase on March 15, while it bought nearly $6 million worth of SEI over three separate purchases in February, March and April.Other positions haven’t been faring nearly as well. Major investments in MNT, MOVE, ONDO and ETH are all seeing losses in the double digits as of April 24. MOVE is taking a beating, with WLFI’s total investment value down over 50%, losing some $2,100,000 on the investment.Taking into account the average price of WLFI’s token purchases, along with its assets’ current prices, the fund is seeing a loss, on average, of $4,280,000.Notably, WLFI has also deposited several early purchases of tokens in December and January into Coinbase Prime. WLFI wallets slowly acquired ETH long before the main action started. WLFI began acquiring large sums worth over $1 million in late November and continued doing so every few days until Dec. 21. Then, it moved all acquired ETH (including 3,700 ETH deposited in October) to Coinbase Prime on Jan. 14.Between Jan. 19 and Jan. 21, it bought nearly 57,000 ETH and continued acquiring it until Feb. 3, when it moved most of the ETH to Coinbase Prime. Coincidentally, Eric Trump was shilling Ether on X at the same time.Source: Eric Trump Conflicts of interest and stablecoinsThe curious timing of WLFI moving the tokens to a crypto exchange and Eric Trump’s post raises the question of the Trump family’s ability to influence the tokens they hold. In late March, a group of Senators from that body’s banking committee wrote an open letter, pressing regulatory agencies to consider the potential conflicts of interest in WLFI, particularly with the project’s stablecoin, USD1. Related: US House committee passes stablecoin-regulating STABLE ActUSD1 launched in early March, and at publishing time is trading on centralized exchanges Kinesis Money and ChangeNOW, according to CoinMarketCap. The Senators were concerned that Trump stands in a unique position to influence and offer boons to his own stablecoin project, particularly with the forthcoming stablecoin framework bill under consideration in Congress. When markets slumped following Trump’s tariff announcement on “Liberation Day,” the president posted on the right-wing social media platform Truth Social, “THIS IS A GREAT TIME TO BUY!!” further igniting concerns about insider trading and market manipulation. Despite these concerns, the Trump administration’s ties to crypto are only strengthening. His administration has dropped several high-level enforcement cases against crypto firms, and his allies in Congress are writing favorable legislation for the industry. And crypto firms seem to believe in the project. On April 16, crypto market maker DWF Labs announced a $25 million investment in WLFI and agreed to provide liquidity for USD1. Magazine: Financial nihilism in crypto is over — It’s time to dream big again

blockmanity.com Crypto Morning Brief: Digital Asset Secures $355 Million Led by a16z as Meta Ends Manus Partnership

Key Highlights from Today’s Crypto Market The crypto space is moving fast with big funding rounds, regulatory updates, and major company shifts. Today we look at fresh developments that could shape the market in the coming weeks. Canton developer Digital […] The post Crypto Morning Brief: Digital Asset Secures $355 Million Led by a16z as Meta Ends Manus Partnership appeared first on Blockmanity.

news.bitcoin.com Bitcoin Bottom Is in: Standard Chartered Declares End of Crypto Winter

Standard Chartered says the bitcoin bottom may be in at $59,000 after a 53% drop from its $126,000 high. The bank says crypto winter is over, pointing to ETF flows, oil weakness, and fresh market catalysts as possible confirmation signals. Standard Chartered Says Bitcoin Bottom Is in After $59,000 Low Standard Chartered Bank’s global head […]

news.bitcoin.com Kalshi Traders Price Fable 5 Return at 68% Before July 1 After Historic AI Ban

It’s been reported that Amazon CEO Andy Jassy alerted senior Trump administration officials to security findings from his company’s internal research team, setting off a chain of events that ended with the U.S. Commerce Department ordering Anthropic to shut down its two most advanced artificial intelligence (AI) models for every customer on the planet. What […]

cryptobriefing.com Craig Gordon becomes oldest player at 2026 World Cup as crypto firms bet big on FIFA’s expanded tournament

The 2026 World Cup's crypto partnerships could redefine sports sponsorship, testing blockchain's scalability and NFT market maturity. The post Craig Gordon becomes oldest player at 2026 World Cup as crypto firms bet big on FIFA’s expanded tournament appeared first on Crypto Briefing.

cryptobriefing.com Kraken becomes first crypto exchange to sponsor the FIFA World Cup as Brazil and Morocco kick off Group C

Kraken's World Cup sponsorship highlights crypto's growing integration into mainstream sports, potentially boosting global adoption and visibility. The post Kraken becomes first crypto exchange to sponsor the FIFA World Cup as Brazil and Morocco kick off Group C appeared first on Crypto Briefing.

cryptobriefing.com Alisson Becker’s viral save moment highlights the gap between sports hype and crypto market reality

The persistent disconnect between sports events and crypto market movements highlights challenges in linking real-time sports to crypto value. The post Alisson Becker’s viral save moment highlights the gap between sports hype and crypto market reality appeared first on Crypto Briefing.

cryptobriefing.com Noussair Mazraoui substituted during World Cup opener against Brazil, raising concerns for crypto-linked athlete

Mazraoui's substitution could impact his fintech investments and digital card valuations, highlighting the intersection of sports and crypto markets. The post Noussair Mazraoui substituted during World Cup opener against Brazil, raising concerns for crypto-linked athlete appeared first on Crypto Briefing.

cryptobriefing.com Vinicius Jr scores equalizer for Brazil against Morocco as crypto partnerships reshape the 2026 World Cup

The integration of crypto in the 2026 World Cup could revolutionize sports finance, enhancing fan engagement and boosting blockchain adoption. The post Vinicius Jr scores equalizer for Brazil against Morocco as crypto partnerships reshape the 2026 World Cup appeared first on Crypto Briefing.

news.bitcoin.com ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria

Onchain investigator ZachXBT said he has begun turning away all fraud victims in Canada, calling the country’s law enforcement response so weak that its agencies may be “more negligent than either India or Nigeria.” Toronto Named a Top Cybercrime Hub ZachXBT made the comments in a series of posts on June 13, arguing that Canadian […]

cryptobriefing.com Piero Hincapié aims to leverage Qatar experience for 2026 World Cup as crypto meets football’s biggest stage

Hincapi's growth and crypto's integration into football could redefine fan engagement and player influence in future global sports events. The post Piero Hincapié aims to leverage Qatar experience for 2026 World Cup as crypto meets football’s biggest stage appeared first on Crypto Briefing.

cryptobriefing.com George Lucas watches ‘Jedi’ Robinson shine as USMNT rolls Paraguay 4-1, but where’s the fan token?

The absence of USMNT fan tokens during the World Cup highlights missed revenue and engagement opportunities amid regulatory challenges. The post George Lucas watches ‘Jedi’ Robinson shine as USMNT rolls Paraguay 4-1, but where’s the fan token? appeared first on Crypto Briefing.

blockonomi.com LTC Hits Fibonacci Support as Whales Build: Can LitVM Spark the Next Rally?

TLDR: Litecoin has entered the lower Fibonacci Adjusted Market Mean Price band, a zone tied to past accumulation phases. Whale and shark wallets holding at least 10,000 LTC have grown by 7% over the past five months despite flat prices. LitVM is bringing smart contract functionality to Litecoin via a zkLTC wrapper, renewing social media [...] The post LTC Hits Fibonacci Support as Whales Build: Can LitVM Spark the Next Rally? appeared first on Blockonomi.

cryptobriefing.com Neymar Jr appears pitchside for Brazil’s World Cup debut, but his crypto legacy tells a different story

Neymar's sidelined World Cup presence highlights the fleeting nature of athlete-driven crypto ventures, underscoring speculative market risks. The post Neymar Jr appears pitchside for Brazil’s World Cup debut, but his crypto legacy tells a different story appeared first on Crypto Briefing.

news.bitcoin.com SpaceX IPO Puts 18,712 Bitcoin Treasury on Wall Street’s Radar

SpaceX’s historic IPO drew fresh attention to one of the largest bitcoin positions held by a public company. SEC filings show 18,712 BTC on the balance sheet with a fair value of $1.293 billion. Historic SpaceX IPO Spotlights One of America’s Boldest Bitcoin Treasuries Space Exploration Technologies Corp. (Nasdaq: SPCX) entered public markets in a […]

cryptobriefing.com Qatar secures first World Cup point with draw against Switzerland as crypto sponsors circle the tournament

Qatar's World Cup draw marks a turning point, while crypto's involvement highlights its growing influence and potential in global sports events. The post Qatar secures first World Cup point with draw against Switzerland as crypto sponsors circle the tournament appeared first on Crypto Briefing.

blockonomi.com Anthropic Suspends Fable 5 and Mythos 5 After US Government Issues Export Control Directive

TLDR: The US government issued an export control directive ordering Anthropic to suspend all Fable 5 and Mythos 5 access globally. Anthropic reviewed the jailbreak report and found the capabilities were already available in models like OpenAI’s GPT-5.5. The reported jailbreak involved asking Fable 5 to read a codebase and flag software flaws, with no [...] The post Anthropic Suspends Fable 5 and Mythos 5 After US Government Issues Export Control Directive appeared first on Blockonomi.

news.bitcoin.com Iran Denies Sunday Signing as Trump Declares Strait of Hormuz ‘Open to All’ Tomorrow

U.S. President Donald Trump declared Saturday that a landmark agreement with Iran will be signed on Sunday, June 14, with the Strait of Hormuz reopening to all shipping immediately afterward, but Iranian officials quickly disputed that timeline. What Trump Said Trump posted Saturday on Truth Social that his agreement with Iran represents the opposite of […]

news.bitcoin.com Anthropic’s Secret AI Model Mythos Audits Entire Zcash Protocol, Finds No New Bugs

Zcash founder Zooko Wilcox-O’Hearn publicly thanked Anthropic this week, confirming the artificial intelligence (AI) company ran a full security audit of the Zcash protocol using its restricted frontier model, Mythos, and found no additional critical vulnerabilities. Zooko Thanks Anthropic After Full Protocol Audit The statement came directly from Zooko, the online handle for Zooko Wilcox-O’Hearn, […]

blockonomi.com MSTR Bears Crushed: Why Strategy’s Bitcoin Balance Sheet Is Built to Outlast Any Bear Market

TLDR: Strategy is raising over $130M daily in 2025, marking its highest-ever annual capital-raising pace.  Historical BTC data shows median 12-month forward returns of +133% from current price MA levels.  Even at a compressed 0.8x mNAV, covering preferred dividends would require only 6.6% dilution.  MSTR’s monthly trading volume of $54.79B dwarfs its $148M dividend bill, [...] The post MSTR Bears Crushed: Why Strategy’s Bitcoin Balance Sheet Is Built to Outlast Any Bear Market appeared first on Blockonomi.

cryptobriefing.com Iran and US expected to finalize ceasefire deal within 24 hours, Bitcoin rises on reduced geopolitical risk

A finalized ceasefire could stabilize Middle East tensions, potentially boosting global markets and easing oil supply constraints. The post Iran and US expected to finalize ceasefire deal within 24 hours, Bitcoin rises on reduced geopolitical risk appeared first on Crypto Briefing.

news.bitcoin.com Everyone Is Getting Hilariously Rich and You’re Not — Week In Review

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. After dipping just below the $59,000 level, Bitcoin […]