Trump and his partners netted $390 million from the WLFI token sale

ChainCatcher message, according to the issuance documents of the World Liberty initial token sale, Donald Trump and his associated company DT Marks DEFI LLC will receive 75% of the net proceeds as fees------which amounts to $390 million. Furthermore, token purchasers are currently prohibited from reselling the tokens and have no rights to any profits.

The project launched its initial token sale in mid-October last year and has been promoted to both U.S. and non-U.S. investors.

ChainCatcher previously reported that the cryptocurrency project promoted by U.S. President Donald Trump------World Liberty Financial, has completed its second round of token sales, raising a total of $550 million, with WLFI reserving $30 million for company expenses and other costs.