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the Trump family’s crypto project is imploding in real time here’s everything you need to know: -World Liberty Financial launched in 2024. Trump entities own 60% and take 75% of all revenue. the family made $1 billion before any of this happened. -this week they borrowed $75M using their...

75,405 views • 3 months ago •via X (Twitter)

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BREAKING: The biggest investor in the Trump family's crypto company just turned on them publicly. He claims they built a "trap door" into the code to freeze investor money at will. And they just secretly borrowed $75 million against tokens that aren't theirs. Here's the crypto scandal unfolding right now: World Liberty Financial launched in 2024 during Trump's third presidential campaign. Co-founded by Donald Trump Jr., Eric Trump, Barron Trump, and Zach Witkoff, the son of US envoy Steve Witkoff. Donald Trump was listed as "co-founder emeritus." The Trump family company was structured to receive 75% of net revenues from token sales. On Trump's 2025 financial disclosure form, he listed more than $57 million in income from World Liberty alone. By December 2025, the family had booked roughly $1 billion in profits. And held another $3 billion in unsold tokens. Now that empire is cracking open from the inside. One of the first, largest, and loudest investors in the project was Justin Sun. The Tron founder. Chinese-born crypto billionaire. He put in between $30 million and $75 million starting in late 2024. Sat as an advisor. Attended Trump's memecoin gala dinner. Held roughly 545 to 595 million WLFI tokens at peak, worth over $100 million. He was the whale the project pointed to as validation. On April 12, he went to X and publicly torched them. He called World Liberty "a trap masquerading as a door." He accused the project of building hidden controls into its smart contracts. Controls that let the company unilaterally freeze any wallet without notice, without warning, without due process. His own wallet was frozen last September, after he moved $9 million in tokens to a new address. He says he was running routine exchange deposit tests. No buying. No selling. No market impact. The wallet got blacklisted anyway. Hundreds of millions in tokens, locked for months. And according to Sun, the ability to do this was never disclosed to investors before they bought in. "This is the opposite of decentralization," he wrote. He called the Trump family "bad actors." He accused them of treating investors as a "personal ATM." World Liberty's official account fired back within hours. "Does anyone still believe Justin Sun?" "Justin's favorite move is playing the victim while making baseless allegations to cover up his own misconduct." "We have the contracts. We have the evidence. We have the truth." "See you in court pal." The biggest backer of a Trump family crypto venture. Publicly accusing them of a scam. Being told "see you in court" by the company. In public. On X. But the timing is the part nobody's putting together. In February, blockchain data later reported by CoinDesk showed something that never made it into a press release. World Liberty took out a $75 million loan from a crypto lending platform called Dolomite. The collateral? Five billion WLFI tokens. That's 5% of the entire supply. Borrowed against, quietly, while the same company was blocking regular holders from selling their own tokens. Think about what that means. Investors like Sun were told their tokens were locked. Couldn't be sold. Couldn't be moved. Meanwhile, the company was taking 5 billion of its own tokens and using them as collateral to borrow $75 million in stablecoins. Austin Campbell, a crypto consultant and NYU instructor, told NBC News: "If you took this conduct and translated it to traditional markets, you would have some problems." That is as close as a sober industry voice gets to saying "this is not supposed to be legal." Then on Tuesday, April 15, it escalated again. World Liberty filed a new governance proposal. It would unlock 62.3 billion WLFI tokens that were previously locked with no vesting schedule. Early supporters holding 17 billion tokens would keep all of theirs, with a two-year cliff. Founders, team, advisors, and partners would see 10% of their 45.2 billion tokens burned. The remaining 40.7 billion would unlock over five years. Sun called it a "trap door" the second it hit the forum. He warned that the proposal involves billions of dollars in assets. That it could reshape vesting rights, burn billions of tokens, and shift governance power permanently. All without the minority protections or independent review a public equity would require. His words: "These steps would never pass in traditional markets, where investors expect clear legal rights and due process." Meanwhile the token itself is bleeding. WLFI has lost 74% of its value since August. As of this week, it trades at around 8 cents. Down from a high of 40 cents at launch. But the Trump family has not been hit the way retail investors have. A Wall Street Journal analysis found the Trumps have cashed out at least $1.2 billion in real dollars from World Liberty Financial over the past 16 months. Not paper wealth. Not locked tokens. Actual cash. The separate TRUMP memecoin, launched days before the second inauguration, has crashed roughly 90% from its high. It now trades around $2.81. It was once $45. And there's the foreign money trail. Days before the inauguration, an investor linked to the UAE government paid $500 million to acquire nearly half of World Liberty Financial. A UAE government fund later used $2 billion of World Liberty's USD1 stablecoin to invest in the crypto exchange Binance. Allowing the Trump-linked entity receiving those dollars to hold them in bonds or money market funds and keep the interest. Shortly after, the Trump administration reversed a Biden-era restriction and gave the UAE access to advanced US chips. Binance's founder, Changpeng Zhao, received a presidential pardon despite his prior guilty plea for failing to stop illicit money flows tied to terrorism and trafficking. World Liberty publicly denied any connection between the UAE deal and the chips policy. But the paper trail is a paper trail. And now add this: Justin Sun's own SEC fraud case from 2023, charging him over crypto trades and illicit promotion, was quietly dismissed in March. He paid a $10 million fine. The case disappeared. One of the first investors in a Trump family crypto venture, under SEC fraud charges, had his case dropped months into the new administration. That same investor is now the loudest public critic of the company. Because he believes they built a kill switch into the code to lock him out of his own money. Here's the broader picture: World Liberty Financial holds a stablecoin, USD1, that ranks among the 10 most heavily used in the world. It runs on Binance and Kraken. It settles billions in transactions. The project's governance token, WLFI, has now collapsed in value while the company borrows against its own supply. The biggest institutional backer is calling it a trap. The House Judiciary Committee has published a report accusing the family of running a multi-billion-dollar self-dealing machine. The Committee documented $11.6 billion in Trump family crypto holdings and over $800 million in crypto income in the first half of 2025 alone. Democrats have accused the administration of dismantling the DOJ's National Cryptocurrency Enforcement Team to shield these ventures from exactly this kind of scrutiny. The White House denies any wrongdoing. The Trump Organization has not responded to media requests. World Liberty is threatening its biggest investor with a lawsuit over his public accusations. This is not a crypto story anymore. This is an ownership story. About who owns the tokens. Who owns the code. Who owns the switch that freezes the wallets. And who owns the 75% cut of every dollar that flows through it. Retail investors are holding an 8-cent token down 74% from its high. The biggest whale is publicly accusing the company of a scam. The company just announced it secretly pledged billions of its own tokens as collateral for a $75 million loan. And the founding family has already cashed out $1.2 billion in real money. One of these things is not like the others. The question now is not whether this ends in court. Justin Sun vs. World Liberty is coming. The question is which courtroom. A civil dispute between two crypto parties? Or the first real securities case testing whether a sitting president's family business structure qualifies as a legal enterprise at all? Because "see you in court pal" works both ways. And Sun's lawyers have been waiting for him to give them something to file. He just did.

Insider Trackers

79,896 views • 2 months ago

2001. Larry Page and Sergey Brin sit for their first-ever television interview. Google has 200 employees. They explain that the company almost didn't get off the ground because they couldn't cash a check. The check was for $100,000. It came from Andy Bechtolsheim, one of the co-founders of Sun Microsystems. Page and Brin showed him what they'd built. He said, "This is great, how about I write you a check?" and just wrote it out. Made it out to Google. The problem was that Google didn't exist as a company yet. There was no bank account. No lawyers. No incorporation paperwork. The check sat in Larry Page's desk drawer for a month. They literally could not deposit it. They're both in their late twenties in this interview. They met at Stanford as PhD students and, by their own account, disliked each other from the start. Brin says Page is "kind of obnoxious." Page doesn't disagree. Brin says they argued about everything, debated every single point, and then realized that was their commonality. They became friends, started building a search engine they never planned to build, and put their PhDs on hold to get it out into the world. The part that stings watching this in 2026 is the rejection tour. Before starting Google, they approached existing search companies to sell or license the technology. They went to Yahoo. David Filo, one of Yahoo's founders, told them, "This is great search technology. Why don't you guys make a company, and maybe we'll use you someday?" They went to Excite. They went to InfoSeek. Same response. Page says a CEO at one of those companies told them: "If our search is 85% as good as the next guy's, that's good enough for us." Page and Brin didn't buy that. They thought the search was too important to be 85% as good. So they started Google. No marketing. No ad campaign. They launched it at Stanford, and it grew 20% per month, every single month, for three years straight. Pure word of mouth. By the time of this interview, they're handling over 100 million searches a day. They get 500 resumes in the mail every single day. The office space around them is 30% vacant because the dot-com bubble just popped, but Google is profitable. Page makes a point of this: "We've been really interested in being profitable, like long before it was fashionable." They'd also just hired Eric Schmidt, former CTO of Sun, as CEO. Brin's explanation for why: "Parental supervision, to be honest." Page adds that they're "past the age where we're rebellious" and that running a search engine used by 100 million people a day with 200 employees is "a large responsibility." The number that caught my eye: when Google started in 1998, it indexed 30 million web pages. At the time of this interview, three years later, they indexed 1.3 billion. The page says that if you printed them all out and stacked the paper, it would be about 70 miles high. And it was doubling every year. Every search company they approached turned them down. Yahoo eventually came back and hired Google to power its own search results. The CEO who thought 85% was good enough ran a company that no longer exists. Alphabet, Google's parent company, is worth about $3.6 trillion today. It has about 190,000 employees. That $100,000 check sat in a desk drawer because nobody had incorporated the company. Bechtolsheim's stake from that investment is now worth billions.

Anish Moonka

12,042 views • 3 months ago

Someone just stole from 37,000 $TAO holders and walked away clean. Not because they broke a rule. Because no rule existed to stop them. That changes today. Here is what happened. Covenant AI ran one of the most watched subnets on Bittensor. On April 10, the founder sold their entire position and disappeared. No warning. No announcement. No on-chain signal. By the time holders found out, the price had already moved against them. This was not a hack. This was not a bug. This was a founder legally exiting into their own community with zero accountability. Bittensor just closed that door permanently. The Conviction upgrade is live on mainnet today. Every emission a subnet owner earns now locks automatically the moment it arrives. They cannot touch it immediately. If they want to exit they must submit a public unlock transaction on-chain. Visible to every single person on the network the second it is submitted. Then the clock starts. 30 days before 63% of their position becomes spendable. 90 days before 95% is accessible. You now have a month of warning before the first dollar of sell pressure hits. A silent exit is no longer possible. The founder has to tell you they are leaving before they can leave. And it goes further. Any holder can now lock their tokens toward a different address they believe would run the subnet better. The address with the most locked support behind it becomes eligible to take over entirely. Bad owners can be replaced by the community before they do damage. Before today, subnet investing had one risk nobody could price. The person running it could vanish overnight, and you would never see it coming. That risk has been removed from the equation. Skin in the game used to be a promise. Now, it is a number on a block explorer that every holder can verify in real time. The people who understand what accountable infrastructure means for the value of $TAO will not need to explain themselves later. This is still early.

2xnmore

19,513 views • 2 months ago

Something big just happened at BlackRock, and it’s a warning shot to everyone invested in private credit. The world’s largest asset manager just told clients: No, you can’t withdraw all the money you asked for. And for some, it was: no, you can’t withdraw your money at all. Not because the fund collapsed, but because too many investors wanted out at once. BlackRock’s $26 billion HPS Corporate Lending Fund was hit with $1.2 billion in redemption requests this quarter. That’s about 9.3% of the entire fund. But the structure only allows 5% to leave at once. So BlackRock paid out $620 million… and pushed the rest to future quarters. For the first time since the fund launched, the redemption gate was triggered, meaning nearly half the investors who asked for their money back couldn’t get it right away. And it’s not just BlackRock. Blackstone just saw a surge of withdrawals in its $82 billion private credit fund. Requests were so high the firm had to lift its usual redemption cap to 7% and inject $400 million of its own money just to meet demand. These funds lend money to companies through private loans, loans that don’t trade on exchanges and can’t be sold quickly when markets get volatile. So when investors rush to withdraw at the same time, the cash simply isn’t there. That means if you’re invested in private credit and everyone heads for the exits, the money you were counting on in your time of need might suddenly be locked up. Morningstar analyst Greggory Warren warned it should serve as “a warning sign for the industry and the rulemakers about the downside of illiquid funds for retail investors.” But here’s the good news: you’re an informed reader and you can plan ahead while everyone sleepwalks until the liquidity crisis affects them directly. That means there is still time to prepare and make moves accordingly so that you always have access to capital. And one of the most liquid and reliable assets in any crisis is physical gold and silver. Bill Armour from joins us to discuss how our readers can prepare before the next liquidity crisis locks investors out of their own money. 🧵

The Vigilant Fox 🦊

125,874 views • 4 months ago

CBEX is trending because it has officially crashed. [Explained + Video] Today, they moved $822,852,811.66 (₦1,337,021,554,889.20 trillion) into a private ETH wallet, as users funds dissapeared from their wallets and turned to 0.00. Fun fact, the funds disappeared immediately you deposited. Not today. Now, they’ve locked all their telegram channels, postponed withdrawals. But gave investors a lifeline. — If you have up to $1000 in, you should pay another $200 for verification. If you have less than $1000, you will pay $100 for verification. Because, they’ve suffered a security breach and they will use this funds to authenticate YOU, to enable YOU withdraw your locked funds. Incase you are wondering what CBEX is. It is an AI trading platform that gives you 100% ROI in only 30 days! Like Jack said, the red flags are no longer flying. Now, they are walking, running and dancing. In summary this is what happened. Like our analyst explained on the space yesterday. Their website is too fragile, almost like they deliberately didn’t put any effort into securing it. And this is why.. Apparently, when you make payments, you pay it into a TRX account, and then, immediately, they move it from that TRX wallet and, they gather it, and covert it to USDT to ETH. So, when you are logging into your account, there is literally no money on your profile. What you see are just a numbers. All the daily activities you do to “trade”, to increase your money. All the AI trading, it’s all fake. When it’s time for withdrawal, they will send you another person’s money. Since, you won’t be leaving them because of greed. You will most likely put the money back and even more. So, they will use that same money to pay another person. As you spread the word for them, more people will join and do the same. This is why you’ve not been able to withdraw. Unfortunately, all the money you’ve paid were finally converted to ETH this weekend. A total of $822,852,811.66 million USD. All sent to one particular ETH wallet, where it is sitting pretty, they will likely move it finally this week. So, the TRX account paying you is empty. Now to refill this TRX account, they’ve now asked you lots to pay “verification” fee. i.e. the $100 and $200. This one will go into the TRX, USDT accounts, then they will use it to pay some people. The cycle begins again. We can’t fully say all they’ll move is $822M. Because, they are still moving funds. Alas, Nigerians have gifted these guys about ₦1,337,021,554,889.20 trillion. And they are still asking for more. Can it be recovered? Yes. But it’s an expensive process(s). But ultimately, they are not a licensed trading platform, they cannot hold your money, that’s why they designed their weak website to look like ByBit, which is a legitimate trading platform. No AI can give you 100% ROI in trading. It was a classic MMM. In reality, all the funds are gone. Unless, people decide to pay the $100 and $200 verification fees. That way, they will settle some people. If you want to fully understand the technical part with all the lingo, we’ve attached a proper video from security analyst, Taiwo Owolabi. He shows how the money moved and where it moved to. This is the TRX address you can trace it yourself:TDqSquXBgUCLYvYC4XZgrprLK589dkhSCf The total volume stolen so far in USDT is $847 million. It might increase. Please follow Trending Explained for daily explanations!

Trending Explained

218,909 views • 1 year ago

This is one of the most shameless displays of financial gaslighting I've seen in 45 YEARS. This week Blue Owl Capital disclosed that investors demanded 41% of their money back from one fund and 22% from another. $5.4 BILLION in total redemption requests in a single quarter. Blue Owl's response? They capped withdrawals at 5%. Meaning if you had $1 million in Blue Owl's tech fund, you asked for $410,000 back, and they gave you $50,000. Then they put out a LinkedIn post blaming "heightened negative sentiment" and insisting their fund performance is "robust." That's like a restaurant blaming Yelp reviews while the kitchen is on fire. Here's what they don't want you to focus on: 70% of Blue Owl's lending book is concentrated in software companies. They admitted this on their own earnings call. These are the exact businesses most at risk of being disrupted or destroyed by AI. And when the Wall Street Journal investigated further, they found Blue Owl's flagship fund reported 11.6% software exposure in public filings. The Journal's own analysis found it was actually closer to 21%. That's not just a rounding error... The timeline tells you everything: In February, Blue Owl sold $1.4 billion in loans to meet redemptions. They claimed 99.7 cents on the dollar. Sounds great right? Except one of the buyers was Kuvare - an insurance company whose asset management arm Blue Owl ACQUIRED for $750 million in 2024. Blue Owl manages their money. They sold assets to a company they control and called it an arm's length transaction. Barclays downgraded the stock. Shareholders filed a lawsuit. Congress is now demanding disclosures on sales practices, leverage, and risk management. The stock hit a record low of $7.95 - down over 60% from its 52 week high. And through all of this, Blue Owl's CEO went on the earnings call and said: "We don't have red flags. We don't have yellow flags. We actually have largely green flags." $5.4 billion in redemption requests. 60% stock decline. Gated exits. Congressional scrutiny. All green flags, apparently. I've been warning about private credit for months. The sales pitch was always the same: equity-like returns with bond-like stability. No volatility. No correlation to public markets. Safe. Predictable. Except when investors actually want their money, they discover the exits are bolted shut. You can't eliminate volatility. You can only HIDE it. And that's exactly what Blue Owl has been doing - hiding risk behind opaque valuations, related-party transactions, and withdrawal gates. This isn't "negative sentiment." This is what happens when the tide goes out. Are you listening?

George Noble

294,762 views • 3 months ago

I was 14/15 years old, living in Karachi, at the time 9/11 happened. The head principal of our school led victory cheers at the morning parade. Many people were jubilant. There was a sense in many that now was the time for all muslim armies to join together - a common dream that springs up every time there is even a little attack on any Western country. A wet dream of many Muslims across the spectrum, one day the Ummah will come together and fight the West. Even Mushraf took a few days to react one way or another, finally coming out to condemn the attacks to the disappointment of many Pakistanis. Make no mistake, Muslims are not your friends. Especially those from the subcontinent. They are the biggest majority of the minority in Britain. They are all bidding their time till they can act for their Ummah. Many people need to wake up. No, I am not being mean, or harsh, or unfair. It is not bigotry to see an ideology and a people who follow it dogmatically for what they are. They see themselves as other. They do not integrate, they do not assimilate. They declare themselves as your enemies by rejecting everything you stand for, while you remain timid to at least take their word for it. This isn't going to end well if you keep hiding from the facts. These are acts of dominance, plain and simple. This is the Muslims shifting from the Makkah phase to the Medina phase. When in Makkah at the start with only a handful of follower, Mohammad along with his band use to pray in private. All the verses were about peace and tolerance and all that jazz. And when he moved to Yathrib, and changed it to Medina, well the tone changed. Everything now could be done openly. Violence, death, glory, and conquest. The verses superseded the ones of before. Abrogation of the before. It is a learned behaviour from their prophet. Wake up before its too late.

Momus Najmi

89,613 views • 3 months ago