Trump Family Crypto Project WLFI (World Liberty Financial) was recently exposed for large-scale borrowing through the DeFi protocol Dolomite, with both parties' advisory teams showing significant overlap, raising questions about potential insider trading and regulatory compliance.

Loan Details: Pledged WLFI to borrow $31.4 million
Operating Entity: Multi-signature wallet associated with the WLFI project (0x3733…3f6c).
Funding Scale: Pledged WLFI tokens as collateral to borrow $31.4 million in stablecoins from Dolomite.
Timeline: The operation took place in late March 2026, during a period when WLFI tokens faced unlocking pressure.
Controversy Focus: Overlapping advisory roles
Key Person: Dolomite co-founder Corey Caplan also serves as WLFI’s Chief Technology Strategist.
Questioned Point: Caplan, as an “insider” of WLFI, led Dolomite’s lending support to WLFI. This “dual role as participant and referee” is criticized as a typical conflict of interest—using influence over the lending protocol to facilitate liquidity for his own project.
Project Background and Risks
Trump Family Interests: 75% of the net revenue from WLFI token sales directly belongs to the Trump family entity (DT Marks LLC). The project has been named by U.S. senators for potential “corruption.”
Market Performance: Since its launch in September 2025, WLFI has experienced significant price volatility. The recent borrowing activity is interpreted by the market as a form of disguised cash-out (pledging and borrowing to avoid direct sell-offs that could impact the token price).
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