World Liberty Financial, backed by Trump, rebounds amid market crash
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According to a report by Bijie Network: The cryptocurrency company World Liberty Financial (WLFI), supported by the Trump family, saw its price rise by 3.7% in the past 24 hours, reversing an overall downward trend of more than 17% over the past month. The recent increase is attributed to a reported acquisition: a company linked to the UAE royal family acquired a 49% stake in WLFI. However, the timing of this deal—just days before President Trump's inauguration—has sparked ethical scrutiny from policymakers, including Senator Elizabeth Warren, who called it "blatant corruption." Analysts at CoinCodex predict a pessimistic outlook for WLFI, expecting its price to drop by about 27.8% to $0.09228 by February 11, 2026, which may be related to the overall weak trend in the bitcoin market.
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