Polygon developer calls World Liberty Financial the ‘scam of all scams”

Polygon developer Bruno Skvorc lashed out at World Liberty Financial (WLF) on Saturday, accusing the company of stealing his funds. In a post on X, Skvorc wrote:

“…they stole my money, and because it’s the @POTUS family, I can’t do anything about it.”

Skvorc was one of the hundreds of users, including Tron founder and WLF investor Justin Sun, whose tokens were frozen by WLF.

The decentralized finance (DeFi) firm is closely linked to the U.S. President Donald Trump and his family. A Trump entity owns 60% of WLF and earns 75% of revenue from token sale. Trump’s sons, Eric and Donald Trump Jr. are part of the firm’s management. According to an estimate published by The New Yorker in August, the Trump family earned about $412.5 million from WLF.

Skvorc attached the email response he received from WLF to his X post, which noted that the firm would “not be able to unlock” his tokens. The firm justified the freezing of the tokens “due to...

13.55K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.