On August 26, World Liberty Financial, the cryptocurrency channel run by former US President Donald Trump, released a cautionary tale about fraud and phony tokens.
The announcement issued in the Telegram channel cautioned against schemes “claimed to be associated with Defiant Ones and World Liberty.” Trump’s channel reminded the followers not to interact with such crypto tokens.
The announcement stated, “For your safety, keep in mind that all official information will only be posted right here in this channel by our trusted team.” “If it’s not from us, it’s not real.”
Claims to Reshape U.S. Financial Institutions
A second statement from Trump regarding restructuring the US financial system and institutions was also released by the channel.
“Folks, we all know how crooked banks and financial institutions rig the system against everyday Americans,” said Trump in the statement. “They shut people out, deny them loans, drown them in paperwork and kill them with legal and processing fees.”
DJT: For too long, the average American has been squeezed by the big banks and financial elites. It's time we take a stand—together. #BeDefiant https://t.co/DuEtfRfrjt pic.twitter.com/txPz5FVSsK
— Donald Trump Jr. (@DonaldJTrumpJr) August 22, 2024
He says the banks own all the financial institutions in the nation and are a symbol of elitism. The followers might recover control over money by implementing a decentralized financial system.
“It’s time to modernize an unfair and antiquated system and give everyone the same opportunities the elites have been hoarding. Join us, and let’s make finance work for the people again,” added Trump.
RFK Jr. Suspends Campaign, Endorses Trump
The latest poll shown on Polymarket indicates that Donald Trump and Kamala Harris are nearly tied. The former leads by 1%, with 50% and 49% of the odds, respectively.
By the end of the previous week, Harris had passed Trump and taken the lead. Robert F. Kennedy Jr., an independent candidate for president, withdrew from the race and backed Trump in the interim.
“These are the principal causes that persuaded me to leave the Democratic Party and run as an independent, and now to throw my support to President Trump,” said Kennedy.