this post was submitted on 18 Oct 2024
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Trump family gets 75% of crypto coin revenue, has no liability, new document reveals (www.cnbc.com)
submitted 1 month ago by vegeta@lemmy.world to c/technology@lemmy.world
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[–] JohnEdwa@sopuli.xyz 17 points 1 month ago

According to this article, they "sold 846.63 million tokens valued at $12.7 million" on the first day, leaving "19.1 billion coins worth $287 million unsold".
At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.