4.9 • 593 Ratings
🗓️ 3 September 2025
⏱️ 10 minutes
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0:00.0 | One of the major portions of the platform Donald ran on in the 2024 presidential election |
0:05.7 | was that he was going to create jobs while lowering costs and inflation for the American |
0:10.3 | people. He's not doing any of that, of course. In reality, what he's doing is using the presidency |
0:16.3 | as a get-rich-quick scheme. Almost everything this man does is meant to enrich himself, |
0:23.3 | his immediate family, and the elites in his administration further because they're already |
0:28.7 | all, all of them, obscenely wealthy. This week, it was reported in the Wall Street Journal |
0:34.3 | that Donald and his adult children made up to $6 billion off the |
0:39.3 | open market debut of their crypto token, WLFI. Before going to market, people bought the tokens |
0:46.3 | from Donald's venture, World Liberty Financial, and were not able to exchange them. This marks |
0:53.3 | the family's biggest personal profit since Donald's return to office, |
0:57.7 | but it's certainly not the first time he's profited off the presidency. |
1:03.9 | NBN News has more details on this transaction. |
1:07.2 | The token opened at 0.26 and at one point surged more than 70%, but heavy selling quickly drove it below its opening price. |
1:17.7 | President Trump's three sons were listed as co-founders, and President Trump was introduced as an honorary co-founder. |
1:27.0 | The structure also gives the Trump family about 25% of the |
1:31.2 | total token supply, along with proceeds from token sales. An article in the Wall Street Journal further |
1:37.8 | reads, quote, WLFI is likely now Donald's most valuable asset, exceeding their decades-old property portfolio. |
1:47.0 | Donald helped launch World Liberty a year ago while campaigning, saying it would help America |
1:51.4 | great again, this time with crypto. World liberties rise this year came as Donald drove the growth |
1:56.7 | of the crypto industry from the White House, reigning in regulation and touting the potential of private digital currencies |
2:02.8 | to invigorate the U.S. economy, unquote, |
2:05.9 | which is simply code for invigorating his own bank accounts. |
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