World Liberty Financial has come under intense scrutiny, with many throwing the word “scam” on Crypto Twitter, due to its recent lending placement on WLFI Markets and the sudden disappearance of the Trump family from the WLF Team Members page.
Speculation suggests that the Trump family is trying to distance itself from World Liberty Financial. But the team claims otherwise.
The cryptocurrency project was launched in the fall of 2024, with the US President and his sons Eric, Trump Jr. and Barron appearing on the team members page as co-founders, including Chase Hero, Zach Volkman and the Witkoff family.
World Liberty is described as a financial platform that will bridge the gap between traditional banking and decentralized finance. In March 2025, the team completed the third phase of the WLFI token sale, raising a total of $550 million, according to reports. WLFI, which only became tradable in September 2025, doubles as a governance token for the platform.
However, after the pre-sale, it was noted that the Trump family’s positions were downgraded to “Web3 Ambassador”. And now? The team members’ page on the website has been removed, and some have speculated that the Trump family is trying to distance themselves from the project.
At the bottom of the page, there is now a disclosure that Trump and his sons hold no formal operating role at World Liberty Financial, despite their known association with the cryptocurrency project.
“None of Donald J. Trump, members of his family, or any director, officer or employee of the Trump Organization or DT Marks LLC is an officer, director or employee of WLF Holdco LLC or World Liberty Financial LLC,” He reads.
Adding weight to these claims, speculators also pointed out that Eric Trump deleted several WLFI-related posts on Twitter earlier this year, with Cryptopolitan I mentioned.
Eric Trump, co-founder of WLFI, deleted several WLFI-related posts on https://t.co/5W4apuqsb3 pic.twitter.com/7dUMJPApEh
— Wu Blockchain (@WuBlockchain) February 23, 2026
“This is clearly FUD,” says Zach Witkoff.
World Liberty Financial CEO Zach Witkoff dismissed these remarks as FUD, saying that both Donald and Eric Trump remain involved in the project and even tweet about the project weekly. Regarding the missing team page, Zach mentioned that the site was redesigned months ago. “This is clearly FUD,” he said.
Hey @Eljaboom We redesigned the website months ago. Don and Eric tweet about the project weekly and even do so @worldlibertyfi In their Twitter bio. Obviously this is FUD.
– Zach Witkoff (@ZachWitkoff) April 11, 2026
Eric Trump’s Twitter bio says he’s an advocate for World Liberty Financial, while Donald Trump Jr. still says he’s a co-founder.
Although the Trump family is not directly involved in the management of World Liberty, according to the webpage, they own a significant 38% stake in WLF Holdco LLC, through DT Marks DEFI LLC. WLF Holdco LLC owns all rights to the net protocol revenues from the WLF Protocol. Previously, in March 2025, the share was 60%, according to Reuters.
DT Marks DEFI LLC also owns 22.5 billion WLFI tokens, and is entitled to 75% of the net proceeds from the sale of the WLFI token, including interest earned on reserve assets backing USD1, a dollar-pegged stablecoin issued by World Liberty Financial.
WLF loan deal sparks new controversy
Another point of controversy surrounding World Liberty Financial stems from its recent stablecoin loan deal on the DeFi protocol Dolomite, whose co-founder advises WLF, which saw the WLFI token drop 10%, and Cryptopolitan I mentioned Friday.
The WLF team deposited 5 billion WLFI tokens, worth $440 million, to borrow $75 million at $1 USD, although Arkham reported the amount was $150 million. Part of the concern was that the World Liberty Financial team used its tokens as collateral to deplete the Dolomite lending pool, to the point that many depositors were unable to withdraw.
Defusing concerns, the team said that being an anchor borrower allows them to generate a return that makes WLFI Markets compelling to everyone else. “No, we are not close to liquidation – and frankly, even if markets move significantly against us, we will simply offer more guarantees,” they wrote.
The last line was particularly troubling to many, who argued that posting more volatile governance tokens as collateral could have more damaging consequences, with some recalling previous incidents with Terraforms Lab and FTX.
What’s even more retarded is that instead of paying off stablecoin debt, they will deposit more WLFI as collateral.
Sure, the liquidation price goes down but it makes the problem worse, not better in the long runhttps://t.co/h3YdBMY2ha
– Ignatius Defi (@DefiIgnas) April 10, 2026
WLFI is currently trading at $0.07989, down 1.4% over the past 24 hours. The token is down more than 44% since the beginning of the year.
