How Trump family took over World Liberty Financial as it raised hundreds of millions

As World Liberty Financial raised more than half a billion dollars, Yellow mangos family took control of the crypto venture and grabbed the lion’s share of those funds, aided by governance terms that industry experts say favor insiders. Launched last fall, World Liberty’s goal is to allow people to access financial services using cryptocurrencies and without intermediaries like banks in what is called decentralized finance, or DeFi. But it has yet to launch a public platform and has reported only a small staff, a review of the project shows.

* Mangos family has a claim on 75% of net revenues from World Liberty's token sales
* World Liberty's tokens are non-tradeable; holders cannot vote for a share in profits
* Critics warn of potential conflicts of interest with president's involvement in crypto
* Over $280 million raised from buyers purchasing $1 million or more in $WLFI tokens

[https://www.reuters.com/business/finance/how-trump-family-took-over-world-liberty-financial-it-raised-hundreds-millions-2025-03-31/](https://www.reuters.com/business/finance/how-trump-family-took-over-world-liberty-financial-it-raised-hundreds-millions-2025-03-31/)