CTs Global is heavily FUDing World Liberty Financial (WLFI) – the Trump-family-backed crypto project – citing serious opacity in its economic model.
On-chain data reveals WLFI deposited 5 billion of its own tokens as collateral to borrow stablecoins, which were then sent to Coinbase Prime. This action pushed the lending pool to 100% utilization, leaving depositors unable to withdraw. The protocol that provided the loan was co-founded by one of WLFI’s own advisors – raising serious conflict-of-interest concerns.
This is a classic red flag: using native tokens to artificially inflate liquidity and borrow against them creates high risk of cascading liquidation or rug-pull scenarios.
Lesson for ONFA community: Always verify tokenomics, collateral mechanisms, and team-advisor relationships before entering any “high-profile” project. Glamour and celebrity names are not substitutes for transparency.
