Former US President Donald Trump's cryptocurrency platform, World Liberty Financial, has encountered significant challenges since its launch, with only 3% of the 20 billion units available for sale being purchased. The units, priced at 1.5 cents each, are intended for use as cryptocurrencies and grant buyers voting rights on platform management. The low sales figures have been attributed to technical issues on the company’s website, resulting in malfunctions that hindered transactions. Despite Trump's previous criticism of cryptocurrencies during his presidency, he has adopted a more favorable stance, positioning himself as a proponent of digital currencies, particularly Bitcoin, ahead of the upcoming presidential election.
Trump's Cryptocurrency Platform Faces Major Launch Challenges
2024-10-16T12:43:00.770Z