WLFI, the token of Trump-backed World Liberty Financial, crashed 82% to $0.08 after reports that CTO Corey Caplan lent the company's token reserves worth hundreds of millions of dollars to Dolomite, a crypto platform he co-founded. The loans create liquidation risk: ~5% of WLFI's supply is now collateral on Dolomite, potentially triggering a downward spiral if token value declines further.
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Trump-backed World Liberty Financial tokens hit all-time low on reports of insider loans
Trump-backed World Liberty Financial's WLFI token collapses 82% to $0.08 after CTO Corey Caplan lends the company's hundreds-of-millions-dollar reserve to his own platform Dolomite, creating a potential liquidation death spiral with ~5% of supply at risk.
Friday, April 10, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline
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