Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position

Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailTrump-backed WLFI token drops 12% to record lows after team defends multi-million lending position World Liberty Financial responded to CoinDesk's reporting by saying it would "simply supply more collateral" if markets moved against it, a statement that did not reassure holders.By Shaurya Malwa|Edited by Aoyon AshrafUpdated Apr 10, 2026, 2:25 p.m. Published Apr 10, 2026, 1:14 p.m. Make preferred on What to know: World Liberty Financial's WLFI token fell 12 percent to its lowest level since its 2025 launch, after the Trump-linked crypto venture defended a controversial lending strategy on the Dolomite DeFi platform.The firm acknowledged using its own governance token as collateral to borrow stablecoins and drain Dolomite's USD1 pool, argu

Source: https://www.coindesk.com/markets/2026/04/10/trump-backed-wlfi-token-drops-12-to-record-lows-after-team-defends-multi-million-lending-position