Trump Family Cashes Out Big on Crypto Venture Amid Token Surge

Hold onto your hats, folks! The Trump family's pulling a slick move, quietly loosening their grip on World Liberty Financial, the crypto project that's been all about shaking up the financial world with its "revolutionary" digital dollar. And guess what? They're doing it right in the middle of a wild token sale and stablecoin boom!

Get this: a June 19 Forbes report spilled the beans that the Trumps just chopped their stake in World Liberty Financial from a whopping 60% down to a mere 40%. And they did it in the shadows—no announcements, no press releases, no nothing. It's like they're trying to dodge the spotlight while raking in the big bucks!

The masterminds behind this stealthy cash-out? None other than DT Marks DEFI LLC, run by President Donald Trump and his sons. And this isn't their first rodeo—they've been unloading shares like hot potatoes all year!

Strategic unwinding of Trump’s crypto empire?

This latest move is the third time in just six months that the Trumps have been trimming their World Liberty Financial shares. Back in December, DT Marks DEFI LLC was sitting pretty with 75% of the company. By the end of January, that number had already slipped to 60%.

Now, at 40%, it's clear as day: the Trumps are playing it smart, cashing in on the crypto craze while keeping just enough stake to keep the project on life support.

And check this out—all their sales have been timed to perfection. The first dump came hot on the heels of Trump's inauguration in January, when token sales were going nuts at over $200 million in a single day. This latest one? Right when Circle, a rival stablecoin player, was riding high on Wall Street after an IPO that nearly tripled in value on day one!

A $190m payday

It's like the stars aligned for the Trumps. Just days before they slashed their stake, the Senate passed a new stablecoin framework, giving World Liberty's business model a sweet boost and opening up the perfect window for the Trumps to make their move.

If World Liberty's valued anything like Circle, this latest sell-off could've lined the Trumps' pockets with a cool $190 million, with Donald Trump himself walking away with an estimated $135 million, according to Forbes' deep dive into the project's fine print.

While the faithful keep pouring money into what the Trumps are quietly dumping, one thing's crystal clear: in this so-called "financial revolution," some players are playing with a stacked deck. The big question now is whether regulators or investors will start poking around before the Trumps pull off their next sneaky stake reduction. Stay tuned, folks—it's getting wild out there!