Search results for "DT"
01:34

Trump's Financial Report: Holds Ether wallet assets worth between $1 million and $5 million, DT Marks Defi LLC owns 75% of WLFI company ownership shares.

Trump's financial report shows that he holds assets worth between $1 million and $5 million in an Ethereum Cold Wallet, and owns 15.75 billion WLFI Tokens and the sole member rights of the company. Additionally, his DT Marks Defi LLC company holds 75% ownership of WLFI. WLFI raised over $57 million through token sales.
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TRUMP1.5%
ETH2.08%
DEFI9.96%
  • 1
15:45

The WLFI project sold Ethereum assets after losing $125 million

According to the Gate.io News bot and CoinDesk report, the Trump family's crypto assets project WLFI has begun selling its Ethereum assets. Arkham data shows that WLFI has sold over 5,400 ETH, with a total value of approximately $8 million. The project raised $550 million in funding through a token sale in March this year. DT Marks DEFI LLC holds a controlling stake in the project as a family-related entity and receives 75% of the sales revenue and 60% of the operating profit share. Currently, WLFI is advancing the issuance plan for the USD1 stablecoin. At the same time, the U.S. Congress is investigating potential conflicts of interest related to the project.
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ETH2.08%
BOT26.57%
TRUMP1.5%
DEFI9.96%
  • 1
00:00

The Trump family holds at least 60% of WLFI shares through a new holding company.

The Trump family strengthens control over WLFI by establishing WLF Holdco LLC to consolidate control over World Liberty. DT Marks DeFi LLC holds a 60% stake in the new company, managing protocol development. WLFI has raised $550 million, with possibly 75% of net profits going to the Trump family. The founders seem to no longer control the platform.
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TRUMP1.5%
DEFI9.96%
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