Trump's WLFI Borrows $75M of Its Own Stablecoin Against Its Own Token — Trapping Depositors
World Liberty Financial pledged 5 billion WLFI tokens to borrow $75M in its own USD1 stablecoin on Dolomite — a platform advised by a WLFI insider. The move drained the pool, trapping ordinary depositors who can't withdraw. If the token crashes, depositors eat the loss.