Economist warns Trump family's $5B crypto empire could trigger ‘grifter bailout’

On Sep. 1, World Liberty Financial, the crypto project backed by President Donald Trump and his family, made its native token, WLFI, available for trading.

And the Trump family pocketed billions of dollars.

The Wall Street Journal reported that the family amassed as much as $5 billion on paper on WLFI's public debut. They control approximately 22.5 billion WLFI tokens, with Trump himself holding nearly 15.75 billion tokens.

In fact, the value of the Trump family's crypto portfolio now surpasses that of their real estate empire.

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