Trump-Linked Firm Secures $7.5 Million Loan from Aave: Analysis of Recent Transactions

WLFI, a company with ties to former President Trump’s crypto strategy, recently moved over $52 million in crypto assets to the DeFi platform Aave. This included substantial amounts of Ethereum, WBTC, and stETH. Shortly after depositing these assets, WLFI secured a loan of $7.5 million in USDT from Aave V3. The funds were then transferred to a BitGo-controlled wallet for potential future actions, including potential stablecoin withdrawals or off-chain conversion.