World Liberty Financial: Trump links questioned; WLFI slides

World Liberty Financial (WLF) has faced renewed controversy as speculation grows that the Trump family is trying to distance itself from the project, even while WLFI Markets continues to face criticism. The dispute centres on two issues: (1) changes to the WLF website team page and (2) a recent stablecoin lending/loan arrangement on DeFi protocol Dolomite. On the website, the team member page was removed after earlier pages prominently listed Donald Trump and his sons (Eric, Trump Jr., Barron) as co-founders/affiliates. A new disclosure now states that Donald Trump, his family, and related Trump Organization entities have no formal operational roles at WLF Holdco LLC or World Liberty Financial LLC. Eric Trump’s earlier deletion of WLFI-related posts and the brief reshuffling of the Trump family’s listed role to “Web3 Ambassador” intensified speculation. WLF CEO Zach Witkoff rejected the narrative, calling it “FUD,” and said Donald and Eric Trump still engage with the project and tweet about it weekly. Separately, the Trump family is described as holding a large 38% stake in WLF Holdco LLC via DT Marks DEFI LLC. Reuters previously reported the stake was as high as 60%. DT Marks DEFI LLC also holds 22.5B WLFI tokens and is entitled to receive a large share of net protocol revenues. The second flashpoint is a WLF loan deal on Dolomite involving USD1. Reports say WLF deposited 5B WLFI tokens (reported value around $440M) to borrow about $75M USD1, while Arkham data indicated a larger USDC figure (around $150M). Critics argued the collateral setup could affect Dolomite depositors’ withdrawal ability. WLF responded that it is an “anchor borrower,” aims to generate yield, and said liquidation risk is mitigated by adding collateral. Market reaction has been negative: WLFI traded around $0.07989, down ~1.4% in 24 hours, and down over 44% year-to-date.