| | | He means "could" "could" means possible. It's not possible. All the bitcoin is only worth 1.25 trillion. Your Trump decoder ring is broken.
This is what he was doing. He was pumping his new crypto venture. And nothing else.
Zak Folkman, one of the project's founders, explained that the platform’s WLFI token will be divided among several groups. "Twenty percent of the tokens are set aside for the founding team," he said, referring to a group that includes the Trumps.
Another 17% will go toward user rewards, while the remaining 63% of tokens will be publicly available. He emphasized, "There will be no presales or early buy-ins."
The structure of the offering, a Regulation D token offering, allows World Liberty Financial to raise funds without registering with the Securities and Exchange Commission (SEC), as long as they meet certain criteria. This led to a conversation about how the SEC, under its chair Gary Gensler, has been regulating the crypto industry, often using enforcement actions instead of clear guidelines.
Trump himself was part of the action, speaking openly about his initial lack of interest in crypto. "I wasn't overly interested," Trump said, adding that his perspective changed when his children introduced him to crypto through the success of his non-fungible token collections. “I think my children opened my eyes more than anything else,” he remarked. |
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