This was posted by Peter Girnus on X hours ago. Co-founder Zack Witkoff responded and tried to defend some of it:
I am a Web3 Ambassador at World Liberty Financial [Trumps company].
There are 12 of us on the team page. 4 named Trump. 3 named Witkoff. 600,000 wallets bought our memecoin [WLFI tokens]. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC.
World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC [Trumps family company]. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14 [Trump personally acknowledged this paper].
Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor.
Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin.
Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first.
Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections.
On May 22nd [2025], 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat.
The team page [on WLFI website] lists 3 Witkoffs. All 3 are Co-Founders.
Steven Witkoff is the President’s Middle East envoy. He testified as a character witness at the President’s fraud trial. His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.
Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest “complete nonsense.” Eric launched a Bitcoin mining company called American Bitcoin. The mining partner is Hut 8. Hut 8 was founded in Canada.
On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President’s family holds billions in Bitcoin. The executive order appreciates the President’s assets by presidential decree [forcing the government to create an artificial demand].
Trump Media put $2 billion of Bitcoin on its balance sheet.
This is ALL public record. And, all unrelated [and coincidental] I’m sure.
