The Trump-linked DeFi platform deposited 5 billion WLFI tokens on Dolomite and borrowed $75 million in stablecoins against them. The move triggered a new price low and raised liquidation risk concerns among DeFi analysts — while World Liberty insists the positions are well above liquidation thresholds.
Senators Warren, Schiff, and Blumenthal have sent a formal document request to Fight Fight Fight LLC — the TRUMP token co-issuer — over a planned April 25 Mar-a-Lago gala where top token holders receive exclusive access to the President.
WLFI token hits an all-time low of $0.07 after collateral lending controversy. Justin Sun accuses Trump-affiliated DeFi platform of rigged governance and opaque token lockups.
One wallet pulled $2.4M in TRUMP tokens from Bybit in two days as the April 25 event approaches. Senators Warren, Schiff, and Blumenthal are demanding documents on whether Trump planned, promoted, or profited from the gala.
The proposal covers 62.28 billion WLFI tokens with stricter lockups, extended vesting, and a 10% insider burn. The governance reset lands as Justin Sun escalates a public dispute over frozen accounts and alleged smart contract backdoors.
On-chain analysis links two accounts with a perfect pardon-betting record to the same deposit wallet. A Columbia Law professor who advises the DOJ on insider trading says the probability of these trades occurring by chance is "virtually zero."
The crypto conference happening Saturday at the President's own venue is reserved for the top 297 holders of his own token, with the top 29 getting direct access.
The Binance founder told Consensus Miami that American crypto traders get worse prices than everyone else. He floated reviving Binance.US as one fix. The other option is bolder.
BTC fell 3% Thursday as Pentagon escalation reports hit markets. Trump’s 10-day extension trimmed losses — but the market is no longer moving on the headline. A conflict that has been reshaping crypto price action for four weeks added another chapter Thursday night.
The S&P 500 closed up 2.4%, the Nasdaq gained 3.3%, and bitcoin reached $68,500 intraday on March 31 as ceasefire signals from both Washington and Tehran reset risk appetite. The session recovered some ground from Q1's worst quarter since 2022. Whether it holds depends on oil, the Strait of Hormuz, and a ceasefire that hasn't been signed yet.
