this is just straight out criminal IMO
https://beincrypto.com/trump-750-million-crypto-deal-wlfi-token-debut/The arrangement could hand the Trumps an estimated $500 million payday since an entity tied to the family controls up to three-quarters of revenues from token sales.
Such “circular transactions,” where the same group appears as both buyer and seller, are relatively common in crypto but rare in traditional finance (TradFi).
Former regulators warn they blur lines of transparency and risk conflicts of interest.
The Trump family could earn billions from sales of the WLFI token owned by World Liberty. According to calculations by The Wall Street Journal, the Trump family’s WLFI holdings have a paper worth of about $6 billion, and the president holds about two thirds of these tokens personally.
read another article and the grift is somewhat off the charts
Currently, not much is known about the World Liberty Financial project. The future of the WLFI token is ambiguous but exciting as it is the first DeFi governance token launched with such bizarre characteristics – non-transferable with no economic rights. This is unheard of in DeFi, as projects typically postpone activating such features until they're ready, while still assuring users that economic rights will be a future priority. However, this is not a priority at all for World Liberty Financial as it tells its buyers that their token will have no economic rights and will be illiquid, which seems to be self-sabotaging.so a straight up bribe as you can put money in, but you can't take it out
