DeFi, short for Decentralized Finance, is the Wild West of finance, with all sorts of fraud wrapped in promises of outrageous investment returns…. A lot of it is basically illegal unregistered securities trying to skirt banking laws. With Trump involved, I’m sure this is going to end well… Trump promotes family's new crypto platform, 'The Defiant Ones'
I wonder if any of the graduates of Trump University will avail themselves of the latest opportunity offered by the stable genius or maybe some of the investors in DJT will cash out and reinvest their profits in The Defiant Ones. It would seem that any rational investor would have a learned a lesson from Trump's first publicly traded company. or in DJT Trump Media stock slides to new low since it began trading publicly
I read it might be tied to the idea of selling “virtual real estate” in imaginary VR cities. Something that seemed to be popular in 2021 but hasn’t caught on. The whole idea of building a “metaverse” seems to have just died a couple years ago. Buying Virtual Land in the Metaverse | The Motley Fool
I guess he held a press conference today to announce this, but changed the name to World Liberty Financial. Because, you know, he's taking his run for president very seriously. Given how these things have been ending up lately, this might be the thing that lands all the Trump's in prison ... would love to see it. You know for them it's just another money grab scam. Erics all in, so you know it's going to be great... Donald Trump launches new business as election race heats up - TheStreet
I, for one, am absolutely OUTRGAED over this! Because of the name! Since when does Trump care about the damn rest of the world? As he shouldn't! America first, baby! 'Murica!!!!!!!!!!!! World Liberty Financial.......what do we care if the rest of the world has any....liberty? We just need all those grifters to pay their damn bills!!
If it runs like DJT, it may be worth throwing some Gourdes at this. It'll probably pop then tank. The grifters won't be subject to any pesky SEC rules with this, so they can sell any ol time.
Looks like a token called World Liberty Financial launched today, and already crashed down 92%… World Liberty Financial price today, WLFI to USD live price, marketcap and chart | CoinMarketCap Edit: This token is probably a scammer beating Trump to the punch, and not their real token.
From the same guy who brought you Trump University and Truth Social (trading under the symbol DJT). And let's not forget Trump Hotels and Casino Resorts Trump was actually right about crypto at one time and then he realized that he could monetize the scam himself. How Trump Reversed Course On Crypto—As He Debuts His Own Platform Trump Used To Think Crypto Was A 'Scam' — Now He's Launching His Own Crypto Platform Run By His Sons
It is a very simple scheme. You send in your defiant hundred dollar bills, and they send you their defiant ones, which are worth more coin than you can imagine, yet, less than you would hope.
It is a little surprising that someone so close to the crypt is starting up a crypto platform. I would expect that a klepto platform might be more appropriate, with all of the grifting and taking going on during Trump's political career.
I'm just really glad that Barron is getting his well deserved shot at making an honest buck in the business world. He's worked hard to earn this - he really deserves this opportunity.