Post by Augustine Chiagozie (@pabloexchange)

🔽 Trump-backed WLFI token drops 14% to record lows after team defends multi-million lending position

World Liberty Financial used billions of its own WLFI tokens as collateral to borrow ~$75M in stablecoins on Dolomite DeFi, draining the USD1 pool. Critics call it a risky circular scheme that worsens losses and liquidity issues for other users.

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