🧵 1. Trump-backed crypto project, now known as "World Liberty Financial," warns followers of potential scams and fake tokens in a recent Telegram post. #crypto
🧵 1. Trump-backed crypto project, now known as "World Liberty Financial," warns followers of potential scams and fake tokens in a recent Telegram post. #crypto
🧵 2. The project, led by Trump's sons, will focus on a DeFi platform but details are still scarce. The branding shift hints at a new direction.
🧵 3. Decentralized finance uses blockchain tech for traditional financial services. The project aims to offer lending services to underserved communities.
🧵 4. Trump himself promoted the project on Truth Social, emphasizing empowerment against big banks and financial elites. It garnered significant attention.
🧵 5. Despite the enthusiasm, caution is advised as the project's team emphasizes that all official announcements will be made through its Telegram channel.
🧵 Read more at: https://decrypt.co/246446/trump-family-crypto-project-warns-scams-world-liberty
Celebrity backed crypto project => huge red flags!