CoinDesk Podcast Network Trump-Linked WLFI Offers "Direct Access" for $5M Stake | CoinDesk Daily
Mar 16, 2026
A DeFi protocol tied to the Trump family passed a three-tier staking plan that includes a $5 million lockup for top-level perks and guaranteed access to the project team. A crypto broker filed Chapter 11 after large losses and a high-profile lawsuit. Bitcoin crossed its 50-day moving average and faces a key resistance test near $75,000.
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WLFI Puts $5M Price On Direct Access
- World Liberty Financial set a three-tier staking system that prices top-tier access at locking 50 million WLFI tokens (about $5 million).
- WLFI says the threshold filters partnership requests and guarantees direct business-development access, not necessarily to Eric or Barron Trump.
Vote Passed But Voting Power Was Concentrated
- The WLFI governance vote passed with overwhelming nominal support: 99.12 percent in favor.
- But over 76 percent of voting power came from only 10 wallets, concentrating control among a tiny number of holders.
Blockfills Bankruptcy Follows Big Losses
- Chicago crypto firm Blockfills filed Chapter 11 in Delaware, reporting up to $100 million in assets and liabilities that could reach $500 million.
- The filing followed halted withdrawals after $75 million losses and a temporary restraining order tied to a Dominion Capital lawsuit.