Exposing WLFI: The Latest Corruption

Of the past year, the most magical crypto story has to be World Liberty Financial (WLFI). It's more than just a token; it's a "capital drama" staged by political stars, Wall Street investors, and crypto dark horses.

Today, let's take a complete look at this project.

The Trump Family: Platform or Dominance?

WLFI has been closely tied to the Trump family since its inception:

• Trump himself holds the title of "Co-Founder Emeritus";

• his sons, Eric, Donald Jr., and Barron, are all packaged as "co-founders" and frequently appear on camera to support WLFI;

• the distribution of interests is even more naked: the family actually controls WLFI. They hold approximately 60% of the platform's shares and receive 75% of the token sale proceeds.

In addition to the Trump family, another entire family is also participating: the Witkoff family, longtime friends of the Trumps for over 40 years.

Currently, Steven Witkoff serves as the US Special Envoy to the Middle East and has been involved in diplomatic affairs such as the Middle East ceasefire and the Russia-Ukraine negotiations since 2025. However, from the outside, WLFI is no longer just a financial experiment, but a direct "tokenization" of political brands. Some media outlets even call it "an upgraded version of modern corruption."

Early Investors: Justin Sun and Web3Port

Looking through the list of early investors in WLFI, two names stand out:

• Justin Sun: In November 2024, he invested at least $30 million in WLFI. Since then, the interaction between the TRON ecosystem and WLFI has become increasingly close.

• Web3Port: This "incubator" with a less than glorious reputation also invested $10 million in early 2025.

  
  

Many people say that Web3Port has always been the "spokesperson" of speculative projects, and its emergence has made the controversy of WLFI even more intense.

With the help of this type of capital, WLFI's valuation was once rapidly inflated.

Public offering investors: Withdrawal difficulties cause collective anxiety

$WLFI plans to issue tokens in September, but now many investors who participated in the public offering have found it difficult to withdraw tokens:

• The so-called Lockbox smart contract failed to activate;

• WLFI is shown in the wallet, but it cannot be unlocked and withdrawn;

• ALT5: A $1.5 billion treasury linked to coin and stock

  What really made WLFI stand on the financial headlines was the linkage with Nasdaq-listed company ALT5 Sigma:

  • ALT5 issued 200 million shares, raising $1.5 billion in one fell swoop;

  • Half of the funds were used to buy WLFI tokens (approximately 7.5%), and the other half was injected into the so-called "crypto treasury" to repay debts and operate. The power binding was also very direct: Eric Trump became a director of ALT5, and WLFI co-founder Zach Witkoff became chairman. This wave of operations was equivalent to equipping WLFI with the "talisman" of Wall Street, and also transformed it into a project with institutional endorsement on the books. WLFI will officially hold its TGE in September 2025 and enter trading and circulation. Currently, its business is roughly divided into two lines:

    Stablecoin USD1

    Benchmarked against USDT/USDC, it is known as the payment and mortgage core within the ecosystem;

    

    USD1 currently has a circulation of 2.3 billion, of which 2 billion is the investment of the Middle Eastern royal family in Binance, and more than 200 million is in $WLFI's own wallet. Through public offerings and token-to-equity syndication, a total of $2 billion worth of tokens have been sold. According to profit-sharing rules, the Trump family will take $1.5 billion, with the remainder going to the treasury. As of now, the treasury holds $460 million in assets. After deducting tens of millions in project operating costs, this represents roughly the remaining funds from the fundraising.

    

    In other words, WLFI's token sale is more like "family financing" driven by political branding:

    • Most of the investors' money first flows into the family account;

    • The remaining funds obtained at the platform or treasury level are used for operations and purchase of assets such as ETH/WBTC/TRX. This is why some people criticize it as a "modern corruption case that breaks the boundaries between politics and business" - On the surface, investors buy encrypted tokens, but in essence, most of the funds have become the private property of political families.