Trump-Backed World Liberty Financial Begins Selling ETH as Losses Top $125M

Quick Summary:

World Liberty Financial did not immediately respond to CoinDesk's request for comment.

Since Trump was inaugurated on Jan.20 the Nasdaq is down by 20%, S&P 500 by 17% and bitcoin (BTC) by 24%.

The TRUMP and MELANIA memecoins have fared worse, losing 83% and 95%, respectively, since Trump's Jan.20 inauguration.

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Article Details

Author / Journalist: Oliver Knight

Category: Crypto

Markets: United StatesCuba

Topics: Coindesk World Crypto Financial Sold Bullish Trump Liberty Million Data Donald

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 15:36:23 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27758656

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