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Trump Family Cryptocurrency Project WLFI Denies Reports of Selling $10 Million in Ethereum

2025/04/11CoinPost
Written by L.Kikutani
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Trump Family Cryptocurrency Project WLFI Denies Reports of Selling $10 Million in Ethereum
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Table of Contents

  1. Deny sale

Deny sale

World Liberty Financial (WLFI), a cryptocurrency platform backed by the Trump family, has denied reports that it sold $11 million worth of Ethereum (ETH) at a significant loss, calling them "completely inaccurate." A company representative told cryptocurrency media Decrypt on Thursday, "The allegation that WLFI has sold a portion of its holdings is completely false. We have not conducted any sales as currently being reported."

The statement comes amid market turmoil caused by former President Trump's volatile tariff policies. The report said the project had sold $8 million worth of ETH at a loss, including...

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Iolite Vol.13

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.