In what Public Citizen called “the greatest corruption in presidential history,” U.S. President Donald Trump and his family added $5 billion in cash to their fortunes this Labor Day as his new cryptocurrency was opened to the public market.
The currency, known as WLFI, is owned by World Liberty Financial, a company founded by the president’s sons, Donald Trump, Jr., and Eric Trump. A Trump business entity owns 60 percent of the company and is entitled to 75 percent of the revenue from coin sales.
As the Wall Street Journal reported Monday:
The trading debut was most likely the biggest financial success for the president’s family since the inauguration…
WLFI is likely now the Trumps’ most valuable asset, exceeding their decades-old property portfolio. While the president’s f