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WLFI

World Liberty Financial
NFT Gaming

World Liberty Financial’s (WLFI) Roadmap: A Debit Card And Tokenized Assets On The Horizon

by admin October 2, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Trump family’s decentralized finance (DeFi) platform, World Liberty Financial (WLFI), is poised to introduce two new products aimed at investors, capitalizing on the fast-growing sector of tokenization and a new debit card solution. 

World Liberty Financial To Launch Debit Card Pilot Program 

During a presentation at the Token 2049 conference in Singapore, World Liberty Financial’s CEO, Zach Witkoff, shared these developments alongside co-founder Donald Trump Jr., highlighting the company’s commitment to bridging cryptocurrency with everyday transactions.

Witkoff revealed that the forthcoming debit card, designed to facilitate crypto asset spending in daily life, is set to enter a pilot program in the next quarter, with a launch anticipated either in the fourth quarter of this year or the first quarter of 2026. 

This announcement follows previous hints from Zak Folkman, World Liberty Financial’s co-founder, about a debit card and retail application during Korea Blockchain Week 2025, although the details of the consumer app remain under wraps for now.

In addition to the debit card, Witkoff emphasized the company’s focus on the tokenization of real-world assets (RWAs). “We’ve not only thought about it, we’re actively working on it,” he stated, noting that assets such as oil, gas, cotton, and timber could benefit from being traded on-chain. 

As part of its roadmap, the firm also introduced a stablecoin called USD1. Since its launch, USD1 has rapidly ascended to become the fifth-largest stablecoin globally, boasting a market capitalization of approximately $2.7 billion.

USD1’s Role Amid Political Scrutiny

In response to President Donald Trump being scrutinized by Democratic lawmakers in the US, Donald Trump Jr. emphasized the venture and USD1’s role in supporting US treasuries and maintaining the dollar’s global dominance. He stated:

We’re flying to every single corner of this globe, convincing people to onboard to USD1, which, in effect, convinces those people to go buy US Treasuries, and it’s great for the US dollar.

WLFI also announced plans to expand the USD1 stablecoin onto the Aptos (APT) blockchain. Despite facing challenges, including subdued demand on centralized exchanges (CEXs), the stablecoin has gained traction on decentralized platforms, although concerns remain regarding liquidity concentration among a few major wallets.

In August of this year, World Liberty Financial revealed a partnership with the technology firm ALT5 Sigma. As part of a treasury strategy, ALT5 Sigma will acquire substantial amounts of WLFI tokens, following Strategy’s (formerly MicroStrategy) acquisition of Bitcoin. 

The 1-hour chart shows WLFI’s struggle to surpass the $0.20 resistance wall. Source: WLFIUSDT on TradingView.com

On Wednesday, WLFI posted gains of 2%, reaching the $0.200 mark, which has proven to be a major obstacle for the token’s price, as it has been unable to surpass this level for several days. 

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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October 2, 2025 0 comments
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Wlfi To Launch Usd1 Debit Card Paired With Venmo-Robinhood Style App
Crypto Trends

WLFI To Launch USD1 Debit Card Paired With Venmo-Robinhood Style App

by admin September 23, 2025



World Liberty Financial, a crypto project backed by members of the Trump family, is preparing to introduce a debit card linked to its stablecoin, USD1, according to Co-Founder Zak Folkman.

At Korea Blockchain Week 2025, speaking with Jacquelyn Melinek, Founder of Token Relations, Folkman discussed that the card will connect directly with Apple Pay and link to the project’s stablecoin USD1 through its app. He added, “Not today, but it’s coming very soon.”

Folkman said the debit card will work alongside a retail app the company is developing. He described the app as a mix of payment service Venmo and trading platform Robinhood, combining everyday transfers with investment-style features.

Despite expanding its product lineup, Folkman ruled out the idea of building a proprietary blockchain. “We will never put out a World Liberty Financial chain,” he told the audience, emphasizing that the project intends to stay neutral across existing networks.

As per the report, the company signed a memorandum of understanding with South Korean exchange Bithumb, laying the groundwork for future partnerships. Bithumb CEO Lee Jae-won, Zak Folkman, and executives from both companies attended the event.

WLFI’s growth so far

Since its launch in September 2024, World Liberty Financial has introduced both a native token (WLFI) and a stablecoin (USD1).

The stablecoin USD1, launched in March 2025, is pegged 1:1 to the U.S. dollar and backed by cash, bank deposits, and short-term U.S. government securities.

On September 1, WLFI officially launched its native token for trading. The token opened at $0.20 and became available on a major exchange. At the time of writing, WLFI was trading at $0.2062, down about 10% in the past day. The tokens’ 24-hour trading volume is roughly $1 billion, according to CoinMarketCap.

Folkman said that WLFI token will continue to experience market fluctuations, but its value will grow over the long term as the company expands its product offerings. He added, “The focus on building and developing and growing the product suite and USD1 and all of everything else that’s coming out from World Liberty Financial.”

Also Read: PayPal Ventures Backs Stable for Global Stablecoin Push



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September 23, 2025 0 comments
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NFT Gaming

WLFI Rises as Trump-Backed World Liberty Plans to Buy Back and Burn Tokens

by admin September 21, 2025



In brief

  • WLFI token holders passed a proposal to buy back and burn the token using earned fees.
  • Fees earned will buy used to buy WLFI from the open market and effectively remove them from the circulating supply.
  • WLFI is currently up 6% on the day and more than 13% in the last week.

The WLFI token of the Trump-backed DeFi protocol World Liberty Financial is rising amid news that the protocol intends to buy back and burn the token with fees it earns from providing liquidity. 

WLFI has risen over 6% in the last 24 hours and more than 13% in the last week, now changing hands at $0.236.

The firm’s buyback and burn program plans were officially approved via a governance vote in which WLFI token holders overwhelmingly voted in favor of the proposition with 99.84% “for.” 

“This proposal directs all fees earned by WLFI’s protocol-owned liquidity (POL) to be used for buying WLFI on the open market and permanently burning it,” it reads. 



In other words, all the fees earned by World Liberty Financial for providing liquidity with its treasury funds will purchase tokens, which will subsequently be burned—or effectively destroyed and removed from the supply. 

World Liberty currently earns fees from trading on the Ethereum, Solana, and BNB Chain. 

The proposal also considered alternative uses for the fees, like keeping them in the treasury for operations or splitting with a burn program, but ultimately believed that the “community preference” was to burn 100% of fees earned. 

The WLFI token debuted for trading in early September, quickly jumping to more than $0.26—greater than a 1,700% gain for allowlisted buyers of the token who were able to purchase it for just more than a penny. The token peaked above a price of $0.33 on the day that trading began.

Initially the token was not tradeable and was only used as a governance token, but a proposal was passed in July to make it eligible for trading on the open market.

The Trump-backed project has led to a significant boon to the family’s wealth, with the value of their holdings jumping as high as $6 billion thanks to their collectively owned 22.5 billion WLFI tokens. That amount is now worth just more than $5 billion. 

Since launching last year, the DeFi protocol unveiled its own stablecoin—USD1—which has gone on to earn a Coinbase listing. The dollar-backed stablecoin also trades on Ethereum, BNB Chain, Solana, and Tron.

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September 21, 2025 0 comments
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Hacker sitting in a room
Crypto Trends

World Liberty Financial (WLFI) Token Holds Steady as Community Backs Buyback-and-Burn Plan

by admin September 12, 2025



World Liberty Financial’s native token (WLFI) is holding steady after the project’s community overwhelmingly approved a plan to direct all protocol-owned liquidity fees toward a buyback-and-burn mechanism.

WLFI is trading near $0.20, up 0.2% over the past 24 hours and 7.8% higher on the week, according to CoinGecko data. The token has a market capitalization of $5.4 billion and daily trading volumes of approximately $480 million.

The Trump-affiliated token is down around 35% since launch.

The proposal, introduced late Thursday U.S. time, earmarks 100% of fees generated by WLFI’s liquidity positions on Ethereum, Binance Smart Chain, and Solana for open-market purchases of WLFI that will be permanently burned. The plan is designed to shrink circulating supply and reinforce a deflationary narrative.

Voting shows overwhelming consensus: more than 1.3 billion votes, or 99.48%, are in favor, with just 0.12% against. Turnout reached 135% of the required quorum. The vote formally ends September 19.

Supporters of the proposal argue that tying burns to trading activity creates alignment between token usage and long-term value.

With the buyback-and-burn plan now set to pass, WLFI is trying to shift investor focus from early volatility to a long-term scarcity model, similar to Ethereum.



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September 12, 2025 0 comments
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Crypto Prices Today (September 5) Bitcoin And Ethereum Prices Drop
GameFi Guides

Crypto Price Today (September 5):BTC, ETH Stumbles, ENA, OKB, WLFI Gains

by admin September 8, 2025



The crypto market faced a sharp downturn on September 5, signaling growing caution among investors. The global crypto market cap fell 2.08% to $3.81 trillion. At the same time, trading volume dropped 23.06% to $114.55 billion.

Bitcoin’s price, which is the top crypto by market cap, took a hit, dropping 2.01% to settle at $110,873, with a 24-hour trading volume of $38.75 billion, as per CoinMarketCap. Ethereum didn’t fare much better, slipping 3.13% to $4,298.66, with $27.36 billion changing hands. 

Despite these dips, both cryptocurrencies continue to lead the market, commanding 58.0% and 13.6% of the market share.

Top Gainers and Losers in the Market

Even though the market as a whole took a hit, a few altcoins managed to shine. Ethena (ENA) led the gainers as of writing, jumping up by 7.36%, hitting $0.7363. The token was backed by a trading volume of $1.38 billion. 

OKB wasn’t far behind, climbing 6.33% to reach $192.00 with $340.48 million in trading activity. World Liberty Financial (WLF) followed, gaining 4.93% to $0.1967, thanks to nearly $933 million traded. Pyth Network (PYTH) saw a 4.18% boost to $0.1583, while Flare (FLR) had a smaller uptick of 2.69%.

However, several coins suffered heavy losses. Kaspa (KAS) led declines, plunging 7.90% to $0.07737 with $63.1 million traded. Aerodrome Finance (AERO) dropped 6.55% to $1.15. 

Pudgy Penguins (PENGU) slipped 5.21% to $0.02879, with a relatively high $216.5 million turnover. Fartcoin (FARTCOIN) decreased by 4.87% to reach 0.7365, while Lido DAO (LDO) fell 4.84% to $1.16.

Top 5 Losers on Market Today, Source: CoinMarketCap

Market Sentiment and Investor Behavior

As for the Market Overview side, according to CoinMarketCap, the Fear and Greed Index is at 41 currently, showing a neutral sentiment. In contrast, the Altcoin Season Index is at 52, signifying a state where Bitcoin’s dominance is balanced with altcoin growth potential.

In the crypto ETF, there were outflows totaling $592.2 million, a sign of investors pulling back from digital assets. Volatility is still quite high, with Bitcoin’s implied volatility at 38.65 and Ethereum’s even higher at 69.24.

Open interest in derivatives has climbed to $937.39 billion in perpetual contracts and $3.83 billion in futures, showcasing high speculative activity.

The crypto market appears to be going through a bit of a rough period. The market’s sharp declines, ETF outflows, and mixed altcoin moves show rising caution. 

Also Read: Polymarket Breaks Record for New Markets, Eyes Comeback in USA



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September 8, 2025 0 comments
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WLFI finds a bull in the chaos, trader expects a comeback
Crypto Trends

WLFI finds a bull in the chaos, trader expects a comeback

by admin September 8, 2025



Backed by the Trump family and mired in controversy, World Liberty Financial’s WLFI token is now attracting bullish calls from top traders despite its turbulent debut.

Michaël van de Poppe sees the volatile newcomer staging a comeback, eyeing a move to $0.30 after bouncing from recent lows. WLFI’s price action has been anything but quiet: a blockbuster presale, a splashy exchange debut, a near 50% drop from its peak, and controversy surrounding early investor Justin Sun, whose wallet was blacklisted after suspicious transfers.

With momentum building above $0.19, van de Poppe is leaning into the chaos, calling WLFI’s volatility a trader’s dream.

Summary

  • WLFI jumps 18% in 24h, rebounding to $0.22 from $0.1908 lows.
  • Token is down close to 50% from $0.46 ATH on September 1, 2025.
  • Trader Michaël van de Poppe eyes $0.30 as next upside target.

Poppe says he is actively trading WLFI

WLFI, at last check on Sunday, is up 13% over the previous 24 hours to $0.22, recovering from a low of $0.1908. The token hit an all-time high of $0.46 on Sept. 1, 2025, but has since dropped close to 50% from that peak.

Van de Poppe’s bullish outlook comes amid increased trading volume and volatility that he views as favorable conditions.

The crypto analyst stated he is “actively trading $WLFI” and “loves the volatility” surrounding the token. He identified $0.21 as a potential buying opportunity if the market provides another dip, and mentioned $0.30 as the next target if the current uptrend remains intact.

I’m personally actively trading $WLFI.

I love the volatility. Lots of volume to generate on this one.

Uptrend has started.

I’d personally be interested to be buying the dip around $0.21, if it’s provided.

If trend remains intact –> $0.30 is next. pic.twitter.com/JV8EfOqGDm

— Michaël van de Poppe (@CryptoMichNL) September 7, 2025

With presale rounds in October 2024 at $0.015 per token and January 2025 at $0.05, WLFI’s journey got underway. Around $550 million was raised for the initiative by more than 85,000 investors worldwide. After 99.94% of holders approved for trading, the token went live on September 1, 2025.

Following the launch, WLFI made its debut on well-known exchanges like Binance, OKX, Coinbase, and Kraken. It opened between $0.30 and $0.33 before peaking at $0.46.

Justin Sun drama creates market turbulence

The token’s price action has been complicated by controversy surrounding early investor Justin Sun.

The Tron founder initially invested $30 million in November 2024, which later grew to $75 million.

Blockchain data revealed that a wallet linked to Sun transferred approximately $9 million worth of WLFI tokens to an exchange shortly after the September 1 launch.

This move raised community suspicions about potential market manipulation and dumping strategies.

World Liberty Financial responded decisively on September 3, 2025, by blacklisting Sun’s wallet address. This action froze nearly 595 million unlocked tokens worth over $100 million, plus an additional 2.4 billion locked tokens.

Current trading patterns show WLFI has found support above $0.19 and is building momentum toward higher resistance levels. This supports the technical case for van de Poppe’s bullish outlook.





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September 8, 2025 0 comments
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WLFI, Justin Sun, Robinhood, S&P 500
NFT Gaming

WLFI, Justin Sun, Robinhood, S&P 500

by admin September 7, 2025



From Justin Sun’s clash with World Liberty Financial over blacklisted wallets to Robinhood’s big leap into the S&P 500, the past seven days were packed with stories shaping the future of digital assets.

Treasury giants and exchanges staked their claims in Ethereum (ETH) and Bitcoin (BTC), regulators in the UK tightened oversight, and India once again topped the global adoption charts. Here’s a rundown of the headlines that moved the markets and sparked conversation.

Summary

  • WLFI froze Justin Sun’s wallet holdings after token transfers raised flags.
  • Sun called the freeze “unreasonable,” saying moves were portfolio shuffling.
  • Robinhood will join the S&P 500 Sept 22, shares surged past $108 on news.

World Liberty Financial controversy engulfs Justin Sun

  • The Trump-associated token project triggered widespread criticism after freezing wallets connected to Tron founder Justin Sun.
  • The project blocked access to 540 million unlocked tokens and 2.4 billion locked tokens
  • Platform administrators activated contract-level permissions to blacklist Sun’s addresses following a transfer of 50 million WLFI (WLFI) tokens worth $9.2 million on Sept. 4.
  • The freeze extended beyond the initial transfer. On-chain data revealed WLFI’s controlling address executed the guardianSetBlacklistStatus function after suspicious activity from HTX address “HTX 48” transferred nearly 60 million tokens to a Binance deposit wallet within 32 hours.
  • Sun defended his actions through multiple social media posts and stated the transfers were “routine deposit tests and portfolio shuffling, not sales.”
  • The Tron founder criticized the blacklisting as “unreasonable” and unjust, asserting that it violated blockchain transparency principles and investor fairness.
  • Despite the controversy, Sun announced Sept. 5 investment plans worth $10 million in both ALTS stock and additional WLFI tokens.

Robinhood achieves S&P 500 milestone

  • The trading platform will join the prestigious index on Sept. 22, causing shares to surge past $108 following the announcement from S&P Dow Jones Indices.
  • Robinhood’s inclusion alongside advertising technology firm AppLovin shows the index committee’s recognition of the company’s market capitalization and trading significance.

SharpLink Gaming explores Ethereum staking expansion

  • The treasury company plans to stake portions of its $3.6 billion Ethereum holdings on layer-2 network Linea following its Sept. 10 mainnet launch.
  • Co-CEO Joseph Chalom indicated the firm currently stakes nearly all holdings through custodians Anchorage and Coinbase.

Tether considers gold mining investments

  • Discussions concerning investments in the refining, trading, and royalty operations of the gold supply chain have been held between mining associations and the stablecoin issuer.
  • The investigation expands into physical commodity operations while remaining consistent with Tether’s current gold-backed token sales.

UK proposes stricter cryptocurrency rules

  • HM Treasury released draft money laundering regulation changes addressing loopholes and changing risks with stricter requirements for cryptocurrency businesses.
  • The proposed updates aim to create “a more risk-based, proportionate regime that is robust against financial crime whilst remaining workable for industry.”

India leads global cryptocurrency adoption rankings

  • Blockchain analytics firm Chainalysis ranked India first globally for the second consecutive year, surpassing other nations across all criteria, including retail centralized services, institutional adoption, and DeFi usage.
  • The United States climbed to second position from fourth place last year, driven by regulatory momentum and increased institutional participation.

Gemini targets $316.7 million IPO fundraising

  • The Winklevoss twins’ cryptocurrency exchange filed to raise up to $316.7 million through an initial public offering. They marketed 16.7 million shares at $17-19 each.
  • The New York-based exchange and custodian seeks public market access as another major cryptocurrency business pursues traditional capital markets.

Solana community approves Alpenglow upgrade

  • Network participants voted overwhelmingly in favor of the technical transformation with 98.27% approval from Solana (SOL) stakers, while only 1.05% opposed and 0.36% abstained.
  • Total participation reached 52% of network stakers, indicating strong community engagement in the governance process.

Strategy continues systematic Bitcoin accumulation

  • The treasury company acquired 4,048 Bitcoin for approximately $449.3 million at an average price of $110,981 per Bitcoin.
  • Total holdings reached 636,505 Bitcoin as of September 1, purchased for approximately $46.95 billion including all acquisition costs.



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September 7, 2025 0 comments
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NFT Gaming

World Liberty Blacklists Justin Sun’s Ethereum Wallet After Moving Millions in WLFI

by admin September 7, 2025



In brief

  • A wallet linked to Tron founder Justin Sun was blacklisted by World Liberty Financial after moving $9 million in WLFI tokens.
  • WLFI token has dropped 19% to $0.18, with retail traders who bought at launch prices above $0.33 now down 45%, while early investors like Sun remain profitable with 10x+ gains
  • Sun denied selling tokens in a message on X, claiming the transfers were just “deposit tests.”

An Ethereum wallet linked to Tron founder Justin Sun has been blacklisted after moving more than $9 million worth of World Liberty Financial tokens, or WLFI, according to blockchain data.

At the time of writing, WLFI, the native token of the Trump family’s World Liberty Financial DeFi project, is changing hands for $0.1789, or 19% lower than it was this time yesterday. The token only just started trading on exchanges earlier this week. Exchange volumes indicate the token has been especially popular with traders in South Korea, on exchanges Upbit and Bybit.

It’s unclear why World Liberty Financial would have blacklisted the wallet, identified as belonging to Sun by blockchain analytics platforms Arkham and Nansen, for transferring tokens. But it is possible that early investors, like Sun or the Tron DAO, would have received token warrants that prohibit them from selling for a set amount of time.

Neither World Liberty nor Justin Sun immediately responded to a request for comment from Decrypt.

Nick Vaiman, co-founder and CEO of Bubblemaps, told Decrypt he’s not convinced Sun moved the tokens with the intention of selling.

“To be honest, I don’t think this dump has anything to do with Justin Sun. He barely moved funds to centralized exchanges, and this morning’s transfers were just from one of his addresses to another,” he said. “His latest statement saying he has nothing to do with the dump looks legitimate.”

我们的地址只是笼统地做了几笔交易所充值测试,金额非常低,然后做了一个地址分散,没有涉及任何买卖,不可能对市场产生任何影响。

— H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) September 4, 2025

The Sun statement the Bubblemaps team was referring to appeared on X in Mandarin. In it, Sun said the wallet “only generally did a few exchange deposit tests, the amounts were very low, then did a distribution to one address.” He added that the tests “did not involve any buying or selling,” and that it would have been impossible for the token movements to have impacted the market.

Another Bubblemaps analyst, the pseudonymous Deebs, added that sending tokens to an exchange doesn’t prove that they were sold.

“The $9 million transfer that Arkham and others have cited was simply a transfer to another wallet under his control. He did not send those funds to an exchange (yet),” he said. But he cautioned that it’s possible that World Liberty has access to non-public information that explains the blacklisting.

Some analysts have been incredibly skeptical about the World Liberty project. Last week, analysts at Compass Point flagged WLFI as “another catalyst that could potentially decimate retail traders.”

And users on Myriad, a prediction market owned by Decrypt parent company Dastan, have overwhelmingly agreed with them. Before the market closed yesterday afternoon, odds had tipped entirely in favor of WLFI seeing a red candle within its first 69 hours of trading.

Early investors of the WLFI token, including Sun, managed to buy in at just $0.015 per token, or a $1.5 billion valuation, and are still very much in the green by more than 10X. But those retail traders who bought WLFI as soon as it became tradeable at a price above $0.33? They’re now down 45%.

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September 7, 2025 0 comments
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BITCOIN BOUNCES, NFPS TODAY, WLFI BLACKLISTS JUSTIN SUN
GameFi Guides

BITCOIN BOUNCES, NFPS TODAY, WLFI BLACKLISTS JUSTIN SUN

by admin September 6, 2025



BITCOIN BOUNCES, NFPS TODAY, WLFI BLACKLISTS JUSTIN SUN

BTC bounces ahead of jobs report. SEC plans to revamp crypto policies. WLFI blacklists Justin Sun’s address, freezes tokens. WLFI tokens unreasonably frozen: Sun. Nasdaq to step up scrutiny on DATs, MSTR falls. Sora Ventures to buy $1b BTC. HK’s Yungfeng Financial buys $44m ETH. DFDV buys $40m SOL. ETH ICO participant moves to stake $646m ETH. Tether considers investing in gold miners. Fireblocks launches stablecoin payments network. Etherscan expands to SEI with Seiscan. Stripe, Paradigm unveil Tempo blockchain. UK to impose stricter AML rules on crypto firms. S. Korea caps crypto lending at 20% rate, bans lev loans. EU lawmakers still sceptical of digital euro.



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September 6, 2025 0 comments
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Polygon Dev Accuses Trump-Linked WLFI of Stealing Tokens
Crypto Trends

Polygon Dev Accuses Trump-Linked WLFI of Stealing Tokens

by admin September 6, 2025



A crypto developer has accused World Liberty Financial (WLFI), a crypto project with ties to US President Donald Trump, of stealing his funds by refusing to unlock his tokens.

In a Saturday post on X, Polygon DevRel Bruno Skvorc shared an email from WLFI’s compliance team, which flagged his wallet address as “high risk” due to blockchain exposure. The team said his tokens would not be released.

“TLDR is, they stole my money,” Skvorc wrote. “And because it’s the @POTUS [The president of the United States] family, I can’t do anything about it. This is the new age mafia. There is no one to complain to, no one to argue with, no one to sue.”

In response to another user, Skvorc claimed that he is one of six investors who were subject to 100% token lockups from the beginning. “It was not ‘high risk’ to accept money from this address, but it is high risk to unlock owed money into it,” he wrote.

Bruno claims WLFI stole his funds. Source: Bruno Skvorc

Related: Whales lose millions on Trump-linked WLFI’s 40% dip, despite 47M burn

Compliance tools to blame?

The incident sparked criticism of the compliance tools used by projects like WLFI. Onchain sleuth ZachXBT chimed in, explaining that automated tools often flag addresses as “high risk” for trivial or incorrect reasons, including interacting with DeFi contracts or exchanges.

“I helped a team manually review addresses for a presale because popular compliance tools labeled them high risk due to unrelated activity several hops away,” ZachXBT said. “These tools are deeply flawed.”

In Skvorc’s case, the flags were traced to a past transaction via crypto mixer Tornado Cash, indirect links to sanctioned entities like Garantex and Netex24, and a previous interaction with a now-blacklisted dashboard.

Based in Croatia, Skvorc is a blockchain developer who worked on Ethereum 2.0. He is also the founder of RMRK, a company integrating multi-resource NFTs into gaming metaverses.

Related: Crypto whales buy $456M Ether in ‘natural rotation’ from Bitcoin

Justin Sun’s WLFI tokens frozen

On Friday, Tron founder Justin Sun also revealed that his WLFI token allocation has been frozen. His wallet was blacklisted after blockchain trackers flagged a $9 million transaction, triggering accusations that he had started selling.

In a post on X, Sun called the freeze “unreasonable” and urged World Liberty Financial to unlock his tokens. He said the decision went against the core values of blockchain and called tokens “sacred and inviolable.”

Magazine: Can privacy survive in US crypto policy after Roman Storm’s conviction?



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September 6, 2025 0 comments
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