Trump-Backed WLFI Suffers $53M Crypto Loss as Market Uncertainty Bites

World Liberty Financial (WLFI), a firm backed by Donald Trump, has experienced significant losses in the volatile cryptocurrency market. The company’s investment strategy, which includes a notable 347 million USDT allocation across 12 tokens like Ethereum and Wrapped Bitcoin, resulted in an unrealized loss of $53.07 million. This move highlights the ongoing uncertainty affecting crypto markets and its potential impact on investor confidence. Market experts suggest that WLFI’s losses may reflect a challenging investment climate.