Crypto Trader Earns $250 Million from Trump-Linked WLFI Token Launch
A trader known as Techno Revenant profited $250 million from the launch of world liberty financial (WLFI), a decentralized finance token linked to Donald Trump's family. The trader previously earned $38 million trading plasma (XPL) volatility.
- The trader invested $15 million in the WLFI token sale last year.
- On Monday, the wallet received 1% of the total WLFI supply, valued at approximately $250 million.
- WLFI began trading at 40 cents, later dropping to 25 cents during a session with over $5 billion in trading volume.
- A phishing campaign targeted WLFI token holders, exploiting a loophole related to Ethereum’s Pectra upgrade.
