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Donald Trump's cryptocurrency project, now renamed "World Liberty Financial," is a DeFi (Decentralized Finance) banking startup company. Here is some key information about the project:

1. Project Background:

2. The project is supported by Donald Trump and his son, aimed at challenging traditional banking systems.

3. Trump stated at the 2024 Bitcoin Conference that the US must lead the cryptocurrency sector, or else it will be dominated by China.

4. Project Name and Warning:

5. The project name was changed from "The DeFiant Ones" to "World Liberty Financial," and a warning was issued on the official Telegram channel cautioning people not to trade with tokens claiming affiliation with "The DeFiant Ones" or "World Liberty."

6. Token Issuance:

7. The project will sell and distribute tokens to wealthy investors who meet specific income and net worth criteria.

8. The token structure has been revealed, raising concerns about potential conflicts of interest.

9. Trump's Cryptocurrency Stance:

10. Trump has stated that if he returns to the White House, he will ensure that the federal government never sells its holding of Bitcoin and plans to establish a cryptocurrency presidential advisory council.

11. He also promised to establish a national "Bitcoin reserve" using the cryptocurrency currently held by the US government.