Trump’s Crypto Project Just Borrowed $50 Million Against Its Own Token and Broke the Lending Pool

The on-chain data does not lie, and what it shows about World Liberty Financial’s treasury activity over the past five days is worth understanding carefully. The WLFI treasury deposited approximately 3 billion WLFI governance tokens as collateral into its own lending platform, World Liberty Markets. Against that collateral, it borrowed 50.44 million USD1, the project’s … Continue reading Trump’s Crypto Project Just Borrowed $50 Million Against Its Own Token and Broke the Lending Pool