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Trump-Backed WLFI Invests $3 Million in 3.54M MNT Tokens at $0.84, Total Loss Reaches $111 Million

The Trump family-backed project, World Liberty Financial (WLFI), has made a substantial investment in the cryptocurrency MNT, purchasing approximately 3
By: DeepNewz • March 24, 2025
Trump-Backed WLFI Invests $3 Million in 3.54M MNT Tokens at $0.84, Total Loss Reaches $111 Million

The Trump family-backed project, World Liberty Financial (WLFI), has made a substantial investment in the cryptocurrency MNT, purchasing approximately 3.54 million tokens for nearly $3 million at an average price of $0.84 per token. This recent acquisition adds to WLFI's total investment of approximately $346 million across 11 different cryptocurrencies, including Ethereum (ETH), Wrapped Bitcoin (WBTC), TRON (TRX), Chainlink (LINK), Aave (AAVE), and others. Despite this significant investment, WLFI is currently experiencing a total loss of around $111 million on its portfolio. The purchase was made approximately 30 minutes prior to the latest updates, indicating ongoing activity in the cryptocurrency market associated with the Trump family's financial ventures.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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