Trump’s World Liberty Financial buys $775K in SEI in altcoin buying spree

From Cointelegraph

April 13, 2025 10:46 PM:

World Liberty Financial (WLFI) purchased 4.89 million SEI tokens worth $775,000 on April 12 using USDC. The project has spent $346.8 million on 11 tokens but has not seen a profit yet, with a portfolio loss of $145.8 million. Eric Trump previously endorsed buying Ether, but ETH’s price has fallen 55%. WLFI’s stablecoin, USD1, now has an icon on major exchanges, raising concerns among lawmakers about Trump’s involvement in the project.

Read more at cointelegraph.com: Trump’s World Liberty Financial buys $775K in SEI in altcoin buying spree