Trump-backed WLFI moves to unlock 62 billion tokens after $75 million loan controversy
Trump family-backed World Liberty Financial on Tuesday proposed unlocking 62.3 billion WLFI governance tokens, less than a week after CoinDesk reported that the company had borrowed $75 million in stablecoins using 5 billion of its own tokens as collateral on lending platform Dolomite. WLFI’s tokens were initially sold as governance-only tokens, without transferability and locked…