A friend of Donald Trump, Steve Witkoff, encouraged Trump’s son Barron to join a crypto startup to shield him from scammers in the industry. With limited experience in crypto, Witkoff advocated for Chase Herro and Zachary Folkman, the creators of World Liberty Financial. Despite Barron being labeled as a “visionary” in the company’s promo materials, he was noticeably absent during the launch livestream.
Herro and Folkman have a questionable track record, including involvement in failed projects and legal issues. Herro even has a criminal history and a tumultuous personal life. Their latest venture with the Trumps has raised eyebrows among experts, who see it as a risky investment.
In the end, the legitimacy of World Liberty Financial is uncertain, and concerns have been raised about the credibility of the project. With little information available and a history of controversy surrounding the founders, it’s advisable for investors to approach with caution.