World Liberty Financial, the Trump mother’s crypto-platform, has denied the job sold off millions of dollars worth of Ethereum earlier this month at a sizable loss, dismissing reports as being “wholly inaccurate.”
The assertions that World Liberty Financial has sold any of its investments are completely false, according to a company agent who spoke to on Thursday. According to the current reports, “WLFI has never sold any opportunities.” The relative is fake speculative.
In the midst of President Donald Trump’s fluctuating tariff policies, reports surfaced yesterday that the project had sold$ 8 million worth of ETH for a substantial loss.  ,
The information cited information from the on-chain intelligence agency Arkham, which tagged a wallet as possibly connected to the Trump-backed business that indeed buy off 5, 471 ETH on Wednesday.  ,
The budget in question shares a Ethereum Prime loan tackle with verified World Liberty names, according to Miguel Morel, the CEO of Arkham, which in turn led the intelligence service to label it as at least” closely related” to the project. When questioned why an address unrelated to the project may promote a payment address with other WLFI pockets, representatives for World Liberty did not respond right away.
However, Morel did point out that the wallet has not yet been independently verified to be World Liberty’s, and instead currently bears the label of “predicted entity” on Arkham, a phrase that is used to “help researchers find these types of connections and get better clues” ( a lower confidence interval ).
The budding Ethereum DeFi job would have suffered a significant loss if World Liberty had actually made those revenue. World Liberty purchased the majority of its massive ETH shops in December and January, when the stock’s value shot up significantly over$ 3, 000 after the election joy.  ,
The stock’s value had soared to$ 1, 465 per gift by the time the bag Arkham connected to World Liberty sold off thousands of ETH.
However, if World Liberty had been able to create the trade, it would have probably have been more symbolic than financial.  ,
Crypto is held by World Liberty for hundreds of millions of dollars. A loss of about$ 8 million on a single ETH trade wouldn’t have put the project in much danger.
On the other hand, the Trump-affiliated system has marketed itself as in line with the government’s policies and financial outlook for the country. Having the intention to sell off its crypto deposits at the height of the market’s fear due to Trump’s growing international trade war would have weakened that claim.
Daily Debrief Newsletter
Begin each day with the most popular media stories right now, along with some fresh content, a radio, videos, and more.