Trump’s World Liberty Signs Crypto Deal With DWF Labs

President Donald Trump’s crypto project World Liberty Financial has signed a new partner: A market maker that has been accused in press reports of manipulative trading activity.

Crypto trading house DWF Labs bought $25 million worth of World Liberty’s WLFI tokens in a “strategic private transaction,” according to a statement from the company on Wednesday. It also agreed to provide liquidity for the project’s upcoming USD1 stablecoin.

“As our partner, we expect DWF Labs to help accelerate the next-generation infrastructure we’re actively building and deploying at WLFI,” Zak Folkman, co-founder at World Liberty Financial, said in the DWF statement. ...