Trump's World Liberty Financial borrowed millions from a protocol its own advisor co-founded

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CoinDesk - All News 2 days ago • coindesk.com

Trump's World Liberty Financial borrowed millions from a protocol its own advisor co-founded

Onchain data shows WLFI deposited 5 billion of its own tokens as collateral to borrow stablecoins it then sent to Coinbase Prime, pushing a lending pool to 100% utilization and leaving depositors unable to withdraw.

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