Trump Family Grabs 75% of Crypto Revenue from World Liberty Financial

The post Trump Family Grabs 75% of Crypto Revenue from World Liberty Financial appeared first on Coinpedia Fintech News

A newly published document reveals that Donald Trump’s crypto project, World Liberty Financial (WLF), allocates 75% of net protocol revenues to the Trump family, amounting to $337.5 million in WLFI tokens. The family assumes no liability and is not directly involved in operations. The remaining 25% of revenue goes to Axiom Management Group, co-founded by Chase Herro and Zachary Folkman. WLF aims to raise $300 million with a $1.5 billion valuation, but only $12.9 million has been sold so far.