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DeepNewz, mobile.
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World Liberty Financial, a cryptocurrency project backed by Donald Trump, has completed its second token sale, raising a total of $550 million. This latest round included $250 million and attracted 85,000 accredited investors globally. The Trump family stands to receive 75% of the net revenue from the project, which has raised ethical concerns as token holders currently cannot resell their tokens or receive profit shares. Despite the substantial fundraising, details on the project's development remain limited, with claims of building a decentralized finance (DeFi) protocol.
💥BREAKING: TRUMP IS LAUNCHING A NEW INVESTMENT VEHICLE TO RAISE $179M FOR HIGH-POTENTIAL U.S. BUSINESSES IN CRYPTO & BLOCKCHAIN. THIS IS BIG 🚀 https://t.co/zYcCwUBBiq
💥 Huge $XRP news! Garlinghouse & #Ripple are making waves! 🌊 #Ripple #TRUMP https://t.co/vpmsulVnWM
🚀 @worldlibertyfi just raised $550M from 2 token sales. –The Trump family’s ties run deep. A little math shows they pocketed $413M from the sales. –Did you know Barron is listed as a “web3 ambassador?” –The project claims to be building a DeFi protocol, but details remain