RT BSCN (@BSCNews)🚨TRUMP-LINKED WLFI PROPOSES USING 5% OF TREASURY TO GROW USD1!The project wants to deploy WLFI tokens to expand its stablecoin. What to know 👇https://t.co/Kv70WO4KER ...

LATEST: 💰 World Liberty Financial purchased $7.7 million worth of WLFI tokens at an average price of $0.16 per token, continuing its buyback strategy that uses 100% of treasury liquidity fees for token repurchases. https://t.co/5ifjwJxiDe ...

Core Insights - Aqua1 Foundation announced a $100 million purchase of WLFI tokens, marking the largest single purchase at that time, with connections to the Trump crypto empire and dissolved hardwood flooring firms [1] - Guren "Bobby" Zhou, the Chinese businessman behind Aqua1, has executive roles in multiple businesses and is under investigation for money laundering in the UK [2] - Zhou's involvement with 13 now-defunct UK flooring companies raises questions about the legitimacy of the investment and his business practices [3][4] Company Background - Aqua Labs Investment LLC stated that the $100 million WLFI purchase was a commercial decision aimed at advancing regulated digital-asset ecosystems [3] - Zhou has never been convicted of financial crimes, according to Aqua1, despite allegations linking him to dissolved flooring companies [3] - The flooring companies associated with Zhou operated in the UK from 2008 to 2019 and have since been dissolved [4] Historical Context - Anbo, a company founded by Zhou Senior in Shanghai in 1989, transitioned from timber manufacturing to flooring and eventually to crypto investments [5][6] - In 2017, Anbo acquired Posh Flooring, which aimed to expand into Dubai and the UAE, indicating a strategic pivot towards international markets [6]

🚨 JUST IN: World Liberty Financial announces it will distribute 8.4 million $WLFI tokens to USD1 early adopters across partner exchanges. https://t.co/WOBGfae0dD ...

Trump family–linked crypto project WLFI announced that it recently sold tokens to crypto mining company Hut8 at $0.25 each for its treasury reserves. The locked tokens transferred from the WLFI treasury were solely to complete this specific sale, and the project emphasized that it does not represent new issuance or any dilution. https://t.co/qtyNOCA45F ...

Core Insights - The Trump family is exploring the tokenisation of their real estate assets, particularly Trump Tower Dubai, to make high-end real estate investments more accessible to everyday investors [1][2][5] - Zach Witkoff, co-founder of World Liberty Financial, is leading this initiative and aims to bring iconic Trump properties onto the blockchain [1][4] - The tokenisation concept is still in its early stages, with Witkoff highlighting the limitations of current investment avenues like REITs and public corporations [3][4] Company Developments - World Liberty Financial, co-founded by Zach Witkoff, has launched a stablecoin (USD1) and plans to introduce lending and borrowing features [3] - ALT5 Sigma, another company led by Witkoff, is a publicly traded treasury firm that holds WLFI tokens and positions itself as a platform for issuing and trading tokenised assets [4] - The Trump family has been increasing its involvement in the crypto space, including ventures into Bitcoin mining and digital asset funds [5] Industry Trends - The tokenisation of real estate has faced challenges due to regulatory hurdles and past failures, but the landscape is changing with major players like BlackRock entering the market [4][5] - Research from Animoca Brands suggests that tokenising real-world assets could unlock access to a $400 trillion traditional finance market [7] - The Trump Tower International Hotel and Tower in Dubai is highlighted as a significant project within this tokenisation initiative, featuring luxury amenities [6]

Core Insights - Eric Trump has been removed from his board position at Alt5 Sigma, a fintech company managing over $1.5 billion in World Liberty Financial (WLFI) tokens, due to Nasdaq compliance issues [1][2][6] - Following the demotion, Zak Folkman, the chief operating officer of WLFI and one of its co-founders, is expected to take over as a director [2] - Trump has stated his continued commitment to WLFI despite the change in his role [3] Compliance and Governance - The demotion was prompted by Nasdaq's compliance concerns regarding the governance of Alt5 Sigma, although the specific rule leading to Trump's removal was not disclosed [2][6] - Trump was initially introduced as a director in August before being reassigned to a board observer role [2] Legal Challenges - Alt5 Sigma is facing legal issues, including a Rwandan court's order to seize $3.5 million linked to a former principal and the liquidation of its Canadian subsidiary over claims of unlawful gain [4] - The firm is also dealing with a lawsuit against its former chief financial officer regarding 330,000 shares allegedly concealed during bankruptcy proceedings [4] - Alt5 Sigma has denied any wrongdoing in these matters, which remain unresolved [4]

Core Points - Eric Trump will no longer join the board of fintech firm Alt5 Sigma, despite previous announcements linking him to a $1.5 billion crypto deal with World Liberty Financial, co-founded by the Trump family [1] - The decision to remove Eric Trump from the board was disclosed in a Securities and Exchange Commission (SEC) filing [1] - The change was reportedly made after discussions with The Nasdaq Stock Market LLC to comply with Nasdaq's listing rules, although the specific rule was not clarified [2] Company Developments - Eric Trump, along with Donald Trump Jr. and World Liberty Financial executives, participated in ringing the Nasdaq opening bell on August 13, shortly after Alt5 Sigma announced plans to raise $1.5 billion through private share sales for WLFI tokens [3] - A Trump-affiliated LLC holds approximately 38% of World Liberty Financial and is entitled to 75% of the proceeds from the token sales [3] - In the updated filing, Zachary Witkoff was named as chairman and board nominee, while Eric Trump and Zachary Folkman were designated as observers [4] - The board has also approved the appointment of Zachary Folkman as a director, pending stockholder approval in accordance with Nasdaq's listing rules [4]

Crypto Wealth & Net Worth - The Trump family's net worth increased to $7.7 billion, including approximately $1.3 billion in crypto wealth gained through WLFI and American Bitcoin [1] - The Trump family holds $4 billion in locked WLFI tokens [1] Potential Investment & Market Trend - The Trump family is considering real estate tokenization [1]

Project Controversy - Justin Sun 声称其 WLFI tokens 被特朗普支持的 DeFi 项目 World Liberty Financial "不公平地冻结"[1] - Nansen 和 Arkham Intelligence 的链上数据显示，在 900 万美元的转账后，Sun 的钱包被标记，引发了抛售猜测[1] - WLFI 在 Binance 上市后表现不佳，代币价格从 0.32 美元跌至 0.19 美元以下，价值缩水超过 40%[2] Justin Sun's Response - Justin Sun 否认抛售，称钱包活动是 "例行的交易所存款测试"，不涉及任何销售[1] - Justin Sun 认为冻结资产会破坏信任，呼吁 WLFI 团队解锁他的 tokens[2] - Justin Sun 坚称没有出售计划，并表示与 WLFI 的长期愿景一致[3] Implications for WLFI - WLFI 面临关于透明度、投资者权利以及早期举措是否会削弱项目信心的质疑[3] - WLFI 目前正在与 Justin Sun 团队进行积极对话，以解决冻结问题[3]