Today in Crypto: Trump’s WLFI Sells 5.9 Billion Tokens to Private Buyers, Leaving Early Investors Locked Out

Today in Crypto: Trump’s WLFI Sells 5.9 Billion Tokens to Private Buyers, Leaving Early Investors Locked Out

Across major exchanges, world Liberty Financial has sold an additional 5.9 billion WLFI tokens to undisclosed private investors, without informing existing backers, sending the token to an all-time low and deepening scrutiny over the Trump family-backed decentralized finance ( DeFi) project.

Key Takeaways: The sales, confirmed in governance filings and reported by Bloomberg, were conducted as private “white glove” deals with accredited participants after two public fundraising rounds had already raised over $550 million.

World Liberty Financial (WLFI) declined to disclose who purchased the 5.9 billion tokens or where the proceeds went, with sources suggesting much of the funds flowed to entities affiliated with the founders.

For early traders, the revelations landed harshly because those who bought WLFI tokens at prices as low as $0.05 during the public rounds are currently locked out of selling 80% of their holdings.

The private buyers, meanwhile, received tokens through a separate channel under terms not disclosed to the broader investor base.

WLFI sank to an all-time low on the news, with the token collapsing as retail holders absorbed the dilution.

World Liberty Financial was co-founded by the Trump family and the Witkoff family.

The Trump family receives 75% of all WLFI token proceeds under the project’s token structure, a figure that has drawn sustained political attention.

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Source reference: news.bitcoin.com