Trump Family Crypto Project Quietly Sold as Holders Got Stuck
Source: Bloomberg
Trump Family Crypto Project Quietly Sold as Holders Got Stuck
Olga Kharif
Fri, May 1, 2026 at 8:35 AM EDT
6 min read
(Bloomberg) -- The pitch was straightforward: Invest in the cryptocurrency venture of Donald Trump and his family, back the industrys most powerful ally at the peak of their influence, and share the spoils.
Investors said yes, putting in more than $550 million across two fundraising rounds.
What happened next was not publicly explained. After those rounds closed, the project sold an additional 5.9 billion tokens to accredited private investors, transactions worth hundreds of millions of dollars, with much of the proceeds directed to founder-affiliated entities.
The sales came to light when intelligence platform Tokenomist.ai, examining World Libertys governance filings at Bloombergs request, found that the number of tokens listed under founder, team, adviser and partner allocations had risen without apparent explanation, a discrepancy the project had not explained to its broader investor base.
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Read more: https://www.yahoo.com/finance/markets/crypto/articles/trump-family-crypto-project-quietly-123508889.html
Norrrm
(5,428 posts)Fiendish Thingy
(23,828 posts)Just sayin
LakeVermilion
(1,622 posts)Investors, not necessarily smart ones, knew this.