Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

WLFI insiders sold 5.9B tokens amid a 90% price crash, locking out early investors and causing $4B retail losses.

Market News
02 May 2026
AMBCrypto
Bearish
pluang ai news

World Liberty Financial (WLFI), a DeFi project linked to the Trump family, sold 5.9 billion tokens without community notice, enabling insiders to cash out early while locking early investors out for at least two years. The token's value has plummeted over 90%, causing retail investors to lose $4.3 billion, while insiders have profited $1.6 billion. Early investors like Justin Sun are excluded from voting on token unlock proposals, and those who accept terms must burn 10% of holdings. This situation highlights conflicts of interest and significant losses for retail holders as Trump-linked tokens continue to collapse.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App