In the same live broadcast, Zack’s father Steve Witkov tried to appease the audience and urged them not to judge people based on their appearance.
They look a bit different from us, and their attire is also a bit different from ours, “he said. I have met traders from all over the world, and these two guys are as smart as any currency trader
However, any unease caused by the differences in attire between the Trump family and crypto punks has disappeared in the wave of booming new businesses. The Trump family and Witkov proudly claim that their stablecoin USD1 is the “fastest growing stablecoin in history”. This may be true, although over 90% of the stablecoin’s market value comes from a huge transaction with Binance, the world’s largest cryptocurrency trading platform. This transaction involves a venture capital firm in Abu Dhabi investing $2 billion in Binance and paying in USD1. Zack Witkov announced the transaction on May 1st, and Binance has not yet converted USD1, which means WLFI will continue to earn interest from the funds.
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Now, this Trump family crypto company with 20 to 30 employees is planning to launch crypto loan agreements and decentralized finance (DeFi) applications. Folkman refused to disclose when these products will be launched.
The influx of a large amount of funds and Trump branded encrypted products has sounded the alarm among ethics experts, who believe that WLFI provides a direct route to the family wallet for those seeking the president’s favor. When asked about these ethical dilemmas, Eric Trump dismissed them. I separate these two, “he said of his business and personal relationship with his father,” but I think he will be proud of what we have done
Zack Witkov, Hero, and Folkman are also proud of their cryptocurrency companies. The WLFI logo – a geometric eagle – is tattooed on the back of Herro’s neck. Folkman also has a similar tattoo on his left forearm. Witkov admitted that he also has this tattoo. According to Matt Morgan, an advisor to the Trump family’s encryption project, this seems to have originated from a night outing where he was also in the conference room at the time.
When asked where his tattoo was, Witkov was evasive. He may have a homeless tattoo on his buttocks! “Folkman joked, referring to the tattoo on his buttocks.