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Trump family-related wallet purchases 200 million WLFI tokens. Overview of WLFI project and its ties to Trump family and TRON founder.

A new multi-signature wallet related to the World Liberty Financial (WLFI) project, owned by the Trump family, bought 200 million WLFI tokens after withdrawing 10 million USDC from the Binance exchange. The transaction, taking place in early February 18th, was reported by the On-Chain Lens analysis platform. This purchase adds to the ongoing activities surrounding WLFI, a controversial digital currency project with strong political ties to the Trump family. According to the latest BitMart Research report, the WLFI project had raised 455 million dollars through token sales until last week. Despite being introduced as a DeFi lending platform, WLFI has not yet provided any DeFi services to customers. The Trump family controls 75% of the token sales revenue. Justin Sun, the founder of TRON, has also established strong ties with this project and is currently the largest institutional investor in WLFI, investing 75 million dollars.

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