Trump family gets 75% of crypto coin revenue, has no liability, new document reveals
Donald Trump's crypto project, World Liberty Financial, published a 13-page paper on Thursday laying out its mission and how tokens get allocated.
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Huh. From what I’ve searched, WLFI comes with its own warning on coingecko, a site that supposedly tracks various cryptocurrencies.
According to GoPlus, this is a proxy contract. The contract owner can make code changes to the token contract including but not limited to disabling sells, changing fees, minting, transferring tokens etc. Exercise caution.
No active trades are found for this coin.
Emphasis mine.
If it wasn't such a pithy amount that they sold I would accuse them if it, but this would be a great avenue to accept donations from foreign or nefarious actors.
I could also see that, given the total absence of liability on Trump’s part, even those foreign and nefarious actors might steer clear of it, if they realize that they, too, might be getting scammed, with no recourse at all to recover their investment.
Something like is very likely designed primarily to con easily conned conservatives out of their money, though the vehicle for foreign and bad actors also exists.
Hmm, this all checks out. Now I just need to figure out how to trade my house for WLFI.
Trading your house for a bunch of those $100k watches of good might be a better deal, because at least you’ll be able to hold actual physical excrement in your own hands. With that crypto thing, you just get watch your money vanish on a screen.
Idk, holding excrement is icky.
I quite agree.
As a dog owner, I agree.
