Donald Trump Announces World Liberty Token Sale in Presidential Election Countdown
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
Republican presidential nominee Donald Trump revealed on Sunday that his crypto venture, World Liberty Financial (WLF), will start selling its tokens on Tuesday.
The project will host a Twitter Spaces discussion on Monday with the WLF team and advisors to offer more information about the public sale.
The WLF project aims to leverage blockchain to create decentralized lending services, offering an alternative to traditional banks. The goal is to make finance more inclusive and less manipulated, contrasting it with what Trump calls the “rigged” financial system.
.@WorldLibertyFi Token Sale goes live on Tuesday morning, October 15th! This is YOUR chance to help shape the future of finance. Be there on Monday, October 14th at 8 AM EST for an Exclusive Spaces to learn more. Join the whitelist today and be ready for Tuesday:…
Additionally, the WLF team says that the token will comply with SEC regulations, setting it apart from many cryptocurrencies that often avoid traditional regulatory oversight.
Trump announced earlier this month that the whitelist for the WLFI governance token sale was open. It’s available to accredited US investors and non-US individuals.
The WLF project has stirred controversy on several fronts. Trump’s previous criticism of cryptocurrencies, including calling Bitcoin a “scam,” raises questions about his current involvement, possibly seen as a strategic move to attract his supporters’ interest in financial innovations or for fundraising.
Additionally, the involvement of Trump’s relatives and close associates, many lacking significant business experience, fuels skepticism about the
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