A striking claim at the intersection of cryptocurrency and politics has sparked widespread reaction on social media.
A post that spread rapidly, particularly on platform X (formerly Twitter), gained attention for allegedly being written by an anonymous person who identified themselves as “an insider in Trump’s crypto empire.”
In the text, the author, speaking in the first person, claims to be a Web3 ambassador for the “World Liberty Financial” project and makes striking allegations about the project and some prominent figures. The article alleges that approximately 600,000 wallets suffered a total loss of $3.87 billion as a result of investing in memecoin, while family structures allegedly connected to the project earned hundreds of millions of dollars in transaction fees.
The text also points to noteworthy timing regarding prominent figures in the crypto sector such as Justin Sun, Changpeng Zhao, and Arthur Hayes. It alleges that there are “coincidental” connections between the withdrawal of certain lawsuits filed against these individuals by US regulatory bodies, or the conclusion of legal proceedings, and their crypto investments or political developments.
For example, it is stated that Justin Sun invested $75 million in the project, and in the process, the US Securities and Exchange Commission (SEC) withdrew the lawsuit it had filed against him. Similarly, it is claimed that Changpeng Zhao received a presidential pardon after admitting to money laundering charges, and the SEC dropped its case against Binance the same week. Likewise, it is alleged that Arthur Hayes and his partners, who were among the founders of BitMEX, were pardoned despite admitting their crimes, thus relieving the company of its penalties.
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The author also implies a possible connection between the large-scale investments made in the project by Abu Dhabi-based investors and the US semiconductor export policies. In addition, special events held at the political level, the participation of foreign investors, and large-scale donations are presented in the text as noteworthy “simultaneous developments.”
On the other hand, World Liberty Financial quickly denied the allegations. The company’s CEO, Zach Witkoff, stated that the article in question was completely false and that the person who wrote it had no connection to the company. Witkoff also argued that the article deliberately confused the “World Liberty” and “Trump Meme Coin” projects, and that these two entities are completely independent of each other.
According to the CEO’s statement, the company does not operate with any transaction fee model, and its main product is based on a stablecoin structure that provides returns from assets such as government bonds. It was also stated that early investors purchased at specific price levels, and the current price is above those levels.
*This is not investment advice.