$WLFI just exposed everything wrong with “political DeFi” in one story: • Hidden freeze/seizure function in smart contract • @justinsuntron says HE didn’t even know • $150M borrowed using illiquid tokens as collateral • Team page quietly deleted • Trump family went from “co-founders” → “Web3 ambassadors” → “not involved” SEC filings say otherwise. They’re listed as promoters getting ~75% of net token sales.
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