Trump's WLFI Ditches Hacked Crypto DEX, Millions Stolen!

Holy smokes, Trump's WLFI pals just pulled the ultimate rug pull, leaving a hacked crypto DEX in the dust and pocketing millions instead of making things right with the victims!

The Trump family's crypto escapades are back in the hot seat, and this time it's because of their shady connections. On May 19th, a bombshell report dropped, exposing World Liberty Financial partners' shady past with a now-defunct crypto exchange.

Get this, Zak Folkman and Chase Herro, the masterminds behind WLFI, were also the brains behind Dough Finance, a wild platform that let folks make risky, high-stakes crypto trades. But in July 2024, the platform got hacked to pieces, and users lost a whopping $2.5 million!

Folkman and Herro admitted the hack was their fault, a major screw-up in their code, and promised to make it right. But just two months later, they jumped ship and launched WLFI with Donald Trump's sons Don Jr., Eric, and Barron riding shotgun.

Now, Folkman and Herro are in hot water, facing a lawsuit over the Dough Finance fiasco. One unlucky investor, Jonathan Lopez, claims he lost a cool $1 million in crypto during the hack.

Trump's WLFI Under Fire Over Its Shady Connections

Believe it or not, WLFI is still standing by Folkman and Herro, even with all the drama and the ongoing lawsuit. In an email that'll make your jaw drop, Eric Trump, the big shot executive VP at WLFI, came out swinging, defending the duo and singing their praises.

"We are proud of the entire team. They have overachieved our wildest goals and our current trajectory is nothing short of incredible." - Eric Trump, WLFI.

But wait, there's more! Folkman and Herro aren't the only controversial cats in the WLFI crew. Tron founder Justin Sun, a guy who's no stranger to controversy, joined the party as an advisor in December 2024 after dropping $30 million on the firm. Sun's been under the microscope of the SEC before, and now he's stirring up trouble at WLFI.

Since Sun joined the WLFI squad, the SEC suddenly dropped its investigations into Sun's BitTorrent and Rainberry token sales. This has Democrat lawmakers up in arms, demanding a deep dive into Trump's crypto ventures.