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Trump's 'World Liberty Financial' Unveiled as DeFi Platform, Linked to $2M Hack: CoinDesk

Sep 3, 2024, 09:18 PM

Donald Trump's new cryptocurrency venture, 'World Liberty Financial,' has been unveiled as a DeFi lending platform, according to a white paper reviewed by CoinDesk. The project is reportedly built by four team members from Dough Finance, a platform that was recently hacked for $2 million. Early GitHub repositories show code directly lifted from Dough Finance. Barron Trump has been identified as the 'DeFi visionary' for the project, while Eric Trump and Donald Trump Jr. are also involved.