Critique of World Liberty Financial and Celebrity Endorsement in Crypto

This chapter examines the troubled performance of World Liberty Financial, highlighting the dubious credentials of its founders and their ties to the Trump family. It critiques the reliance on celebrity endorsements in the cryptocurrency market, revealing discrepancies in token distribution that favor insiders over the public. Additionally, the discussion addresses the implications of crypto executives backing political candidates, questioning their motivations and the effectiveness of current lobbying efforts in shaping cryptocurrency regulations.