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The Defiant 2024-12-19 21:41:20

Trump-Backed World Liberty Financial Gives Embattled wBTC a Vote of Confidence

Justin Sun is already seeing benefits from his $30 million investment in the Donald Trump-backed DeFi project World Liberty Financial. The same day a judge refused to stop Coinbase from delisting wrapped bitcoin “due to the unacceptable risk that control of wBTC would fall into the hands of Justin Sun,” WLFI gave the embattled token a very pointed vote of confidence. Lookonchain reported on Dec. 18 that WLFI had sold its entire $10.4 million holding of Coinbase’s competing cbBTC and purchased 103.15 wBTC. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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