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Showing posts with the label protocol revenues

Trump gets 75% of World Liberty revenue, but isn’t even an employee

Donald Trump, noted fraudster and former president, has lent his expertise as a salesman to World Liberty Financial, a new cryptocurrency scheme. Sales of the project’s token, WLFI, have been slow, and a closer review of the now available website gives us more insight into the true relationship between the former president and this token. The so-called “Gold Paper” that is published on the project’s website notes that it is “inspired by the vision of Donald J. Trump” and lists him as the “Chief Crypto Advocate.” It further lists his sons Eric, Donald Jr., and Barron as “Web3 Ambassadors.” However, on closer inspection, the Gold Paper notes that “the use of illustrative descriptive titles for team supporters of World Liberty Financial does not indicate a director, officer or employee relationship with World Liberty Financial. “None of Donald J. Trump, any of his family members, or any director, officer, employe...