Trump-Linked World Liberty Financial Accused of Aggressive Crypto Dealings
World Liberty Financial, associated with former U.S. President Donald Trump, faces allegations of coercive tactics in the cryptocurrency space. Zachary Folkman, a former operator of Date Hotter Girls, reportedly approached a Cayman Islands-based crypto startup via Signal with a controversial proposal: artificially inflate each other’s credibility through token swaps—but only if the startup secretly funneled millions to World Liberty for a Trump-branded endorsement.
Multiple firms rejected the offer, citing ethical concerns over pay-to-play reputation laundering. Despite pushback, World Liberty allegedly continued global token sales, amassing over $550 million. The operation highlights the blurred lines between political influence and crypto market manipulation.