{"id":15920,"date":"2024-08-08T10:35:09","date_gmt":"2024-08-08T07:35:09","guid":{"rendered":"https:\/\/forklog.com\/en\/trumps-sons-announce-ambitious-defi-venture\/"},"modified":"2024-08-08T10:35:09","modified_gmt":"2024-08-08T07:35:09","slug":"trumps-sons-announce-ambitious-defi-venture","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trumps-sons-announce-ambitious-defi-venture\/","title":{"rendered":"Trump&#8217;s Sons Announce Ambitious DeFi Venture"},"content":{"rendered":"<p>Two sons of former U.S. President Donald Trump have taken to social media to announce a new venture in the realm of cryptocurrency and decentralized finance (DeFi).<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re about to shake up the crypto worldwith something HUGE.<br \/>Decentralized finance is the future\u2014don\u2019t get left behind. <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&#038;ref_src=twsrc%5Etfw\">#DeFi<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BeDeFiant?src=hash&#038;ref_src=twsrc%5Etfw\">#BeDeFiant<\/a><\/p>\n<p>\u2014 Donald Trump Jr. (@DonaldJTrumpJr) <a href=\"https:\/\/twitter.com\/DonaldJTrumpJr\/status\/1821164331020517596?ref_src=twsrc%5Etfw\">August 7, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe\u2019re about to shake up the crypto world with something HUGE. Decentralized finance is the future, don\u2019t get left behind,\u201d wrote Donald Trump Jr.<\/p>\n<\/blockquote>\n<p>His post, featuring the hashtag BeDeFiant, followed a <a href=\"https:\/\/x.com\/EricTrump\/status\/1820906993802211751\">message<\/a> from his brother, Eric Trump.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI\u2019ve truly fallen in love with crypto\/DeFi. Stay tuned for a big announcement,\u201d he declared.<\/p>\n<\/blockquote>\n<p>The Block <a href=\"https:\/\/www.theblock.co\/post\/310034\/huge-defi-announcement-teased-by-two-of-trumps-sons-may-be-called-world-liberty-trademark-records-show\">reported<\/a> that developer Steve Witkoff had posted a tweet with the BeDeFiant hashtag a day earlier. The investor, a friend of Trump, appeared with his son Zach at the Republican National Convention in July.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re on the verge of something game-changing in Crypto and DeFi. Bringing financial power and freedom back to the people\u2014get ready. <a href=\"https:\/\/twitter.com\/hashtag\/BeDeFiant?src=hash&#038;ref_src=twsrc%5Etfw\">#BeDeFiant<\/a><\/p>\n<p>\u2014 Steve Witkoff (@SteveWitkoff) <a href=\"https:\/\/twitter.com\/SteveWitkoff\/status\/1820916424715505913?ref_src=twsrc%5Etfw\">August 6, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Both Witkoffs are associated with crypto entrepreneur Chase Hero, managing partner of Subify, a competitor to OnlyFans.<\/p>\n<p>In July, a firm named AMG Software Solutions <a href=\"https:\/\/uspto.report\/company\/Amg-Software-Solutions-L-L-C#google_vignette\">filed trademark applications<\/a> for the terms Be DeFiant, World Liberty, and World Liberty Financial. The latter is intended for \u201cproviding financial information in the field of decentralized finance (DeFi).\u201d The company shares the same legal address as Subify.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThus, while the project&#8217;s specifics remain unclear, it appears to be linked to Hero and his World Liberty filings,\u201d journalists speculated.<\/p>\n<\/blockquote>\n<p>Martin Shkreli <a href=\"https:\/\/x.com\/wagieeacc\/status\/1821219537817145514\">stated<\/a> that both Steve Witkoff and Zach Folkman, a co-founder of Subify, are involved in the \u201cnew Trump project.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">new trump project involves this guy and <a href=\"https:\/\/twitter.com\/SteveWitkoff?ref_src=twsrc%5Etfw\">@SteveWitkoff<\/a> <a href=\"https:\/\/t.co\/51PDNnZxEV\">https:\/\/t.co\/51PDNnZxEV<\/a><\/p>\n<p>\u2014 Martin Shkreli (e\/acc) (@wagieeacc) <a href=\"https:\/\/twitter.com\/wagieeacc\/status\/1821219537817145514?ref_src=twsrc%5Etfw\">August 7, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Previously, Shkreli claimed involvement in the DJT meme token, allegedly endorsed by Donald Trump, with participation from another of the former president\u2019s sons, Barron.<\/p>\n<p>Earlier, the Republican leader spoke at the Bitcoin 2024 conference, raising $25 million for his campaign.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two sons of former U.S. President Donald Trump have taken to social media to announce a new venture in the realm of cryptocurrency and decentralized finance (DeFi). We\u2019re about to shake up the crypto worldwith something HUGE.Decentralized finance is the future\u2014don\u2019t get left behind. #Crypto #DeFi #BeDeFiant \u2014 Donald Trump Jr. (@DonaldJTrumpJr) August 7, 2024 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,991],"class_list":["post-15920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-donald-trump"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15920"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15919"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}