The DeFi project World Liberty Financial (WLFI), associated with the Trump family, recently bought around 4.89 million SEI tokens worth approximately $775,000 amid extensive cryptocurrency purchases. The purchase was made on April 12, 2025, using the WLFI trading wallet and the stablecoin USDC. The wallet had previously been used for buying other cryptocurrencies as well. WLFI’s asset basket includes Bitcoin (BTC), Ethereum (ETH), TRON, AVAX, ONDO Finance, and now SEI. The project has spent about $346.8 million on buying 11 different cryptocurrencies but has not made any profits yet. Only investing in Ethereum has resulted in over $114 million in losses, bringing the total project losses to $145.8 million by April 12. Two months ago, Eric Trump had suggested his followers on X network to buy Ethereum, which has since dropped by about 55% in price. Furthermore, the WLFI-owned stablecoin USD1 has recently appeared on platforms like Binance, CoinGecko, and CoinMarketCap without official announcements. Some US Congress members have warned that Donald Trump might intend to replace the dollar with USD1 for government payments, causing concerns and opposition among policymakers.
