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It Sure Looks Like Trump and His Sons Are About to Dump Their Crypto

By Ilene
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Kevin Lamarque//Getty Images

It Sure Looks Like Trump and His Sons Are About to Dump Their Crypto

Meanwhile, investors in Donald Trump’s meme coin have lost billions of dollars.

By Edith Olmsted, New Republic 

President Donald Trump and his three sons are poised to receive a massive payout from their shady crypto scheme, The Washington Sun (formerly NOTUS) reported Monday.  

In May, four digital wallets moved more than 20 billion in $WLFI tokens—launched by the Trump family’s cryptocurrency firm—into a vesting contract, which would allow the owners to sell their shares after a two-year waiting period. The wallets precisely matched the initial amounts of crypto awarded to Trump and his sons Donald Jr., Eric, and Barron, all listed as founders of World Liberty Financial. 

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