Mark Cuban Questions Trump’s Motive for WLFI Token Sale, Max Keiser Claims Trump Failed ‘Bitcoin IQ Test’

cryptonews.com:

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Former President Donald Trump’s decision to launch a cryptocurrency token sale for his project, World Liberty Financial (WLFI), has attracted widespread backlash from prominent figures in the crypto world.

Billionaire investor Mark Cuban, a vocal critic of Trump, along with Bitcoin advocate Max Keiser, have both raised serious concerns about the legitimacy of the venture, with Cuban implying it’s a money-grab scheme and Keiser outright accusing Trump of failing the “Bitcoin IQ test.”

The criticism comes just three weeks before the highly anticipated presidential election.

It will never not be weird to me that the Republican presidential candidate is launching a shitcoin 3 weeks before the election and the discourse is haha, Tim Walz looks like Elmer Fudd and Kamala is desperate. https://t.co/3a3ThhQUC3

Mark Cuban didn’t hold back when reacting to the announcement of Trump’s upcoming WLFI token sale.

On Twitter, Cuban simply remarked, “I’ll let this stand on its own,” clearly implying his disdain for the move.

I’ll let this stand on its own https://t.co/metmpsq7kW

The underlying message was one of disbelief, as Cuban openly questioned why Trump, a man who “has Elon [Musk] writing him checks,” would resort to launching a token, something Cuban and others have labeled as an “obvious pump scheme.”

Why would he do it ? He has Elon writing him checks. What’s the point ?

Alex Miller, CEO of the Web3 platform Hiro, also expressed frustration, saying, “Just fucking shoot me. Anyone who thinks this is good for crypto… it sets us back YEARS in