Trump-Linked WLFI Hit Another Low After Quietly Selling Nearly $6 Billions In Tokens: Report

• World Liberty Financial’s token hit an all-time low twice this week after Bloomberg reported that the project quietly sold 5.9 billion tokens to private investors, following its public raise of over $550 million.
• The undisclosed sales raised transparency concerns, with proceeds largely routed to founder-linked entities entitled to up to 75% of token revenues.
• Pressure has also mounted from TRON’s Justin Sun, who sued the project last month, alleging he invested $45 million but has been unable to sell any of his holdings. 

World Liberty Financial’s WLFI token hit an all-time low on Saturday twice this week as new disclosures reported by Bloomberg added to mounting pressure on the Trump-linked crypto project.

The token fell to a new low on Saturday after a Bloomberg report published Friday revealed that the project had sold an additional 5.9 billion WLFI tokens to private investors, following its public raise of more than $550 million.

According to the report, the transactions, described by the company as “white glove” sales, were not broadly disclosed to existing investors. The proceeds were largely directed to “founder-affiliated entities,” with project disclosures indicating that an entity tied to President Donald Trump and his family was entitled to receive up to 75% of the token sale's revenues after expenses, Bloomberg reported.

The report also highlighted discrepancies in token allocations. Data from Tokenomist.ai, on Bloomberg’s request, showed that tokens categorized under founder, team, and partner allocations had increased, further fueling questions about how supply was distributed. Currently, the founder team presents 33.5% of the total supply, which is the “largest allocation bucket with the majority of vesting still ahead.”  The token also slid to an all-time low on Thursday. 

WLFI’s price fell by over 2% to $0.05 over the past 24 hours. Previously, on Thursday, the token had fallen by over 7% and traded at an all-time low of $0.059.

On Stocktwits, WLFI was one of the top trending tickers as the retail sentiment around it remained in the ‘bullish’ zone, while chatter moved to ‘extremely high’ from ‘high’ levels over the past day. 

WLFI is an ERC-20 token on the Ethereum (ETH) blockchain that governs the World Liberty Financial DeFi platform. It often uses Chainlink's CCIP to function across BNB Smart Chain (BEP-20) and Solana (SPL).

Investor Restrictions And Legal Pressure Mount

The recent findings by Bloomberg raised concerns about transparency and investor treatment, particularly for early public buyers who face restrictions on selling their holdings. WFLI investors were previously allowed to sell only a portion of their tokens, while the majority remained locked with no clearly defined unlocking timeline.

Legal pressure has also intensified. TRON (TRX) CEO Justin Sun filed a lawsuit against WLFI last month, alleging that he invested $45 million into the project, but has not been allowed to sell any tokens. The governance structure has also come under scrutiny, with a proposal to extend early investors' lockups by several years, limiting their ability to exit even as the token’s price declines.

The developments mark a widening set of challenges for WLFI, as questions around disclosures, token distribution, and investor access continue to build.

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