From $2.5M loss to $65M gain: the playbook of ‘recycled’ crypto founders Chase Herro and Zak Folkman
After Dough Finance lost $2.5M in a 2024 hack, Herro & Folkman went silent, they re-emerged at Trump supported World Liberty Financial and reportedly made $65M
#WorldLiberty #WLFI #ChaseHerro #ZakFolkman #TrumpCrypto #Trump
How Trump’s crypto business partners left their old clients in the lurch
After Dough Finance was hacked in 2024 co-founders Chase Herro and Zak Folkman launched Trump-sponsored World Liberty Financial - and per a lawsuit stopped communicating w/Dough hack victims
#Trump #WorldLibertyFinancial #WLFI #DoughFinance #ChaseHerro #ZakFolkman #TrumpCrypto
“You can literally sell s--t in a can, wrapped in p--s, covered in human skin, for a billion dollars if the story’s right, because people will buy it,” #ChaseHerro said of the #crypto space in one 2018 video. Speaking as he drove a Rolls-Royce, he adds in the clip: “I’m not going to question the right & wrong of all that.”
#Trump #grift #idiocracy #weird #insane #criminal #Nonsense
#CommonSense #sanity #integrity #honesty #law #RealityBasedPolitics #HarrisWalz2024
https://www.bloomberg.com/news/features/2024-09-13/behind-the-trump-crypto-project-is-a-self-described-dirtbag-of-the-internet?srnd=homepage-americas
a rambling Donald #Trump—who compared understanding #cryptocurrency to his “beautiful granddaughter” Arabella [creepy] learning Chinese from a nanny—nevertheless found time to praise his son’s supposed genius.
Meanwhile, here’s the real (is brains the right word?) behind the operation:
According to Bloomberg, the dealmaker behind the crypto project is #ChaseHerro—a man who once described himself as “the dirtbag of the internet.”
The inimitable #ZekeFaux ("Number Go Up" author) and Muyao Shen did some great investigative journalism into Chase Herro, the guy helping the #Trump family with their defi¹ #crypto platform #WorldLibertyFi.
#Bloomberg link: https://www.bloomberg.com/news/features/2024-09-13/behind-the-trump-crypto-project-is-a-self-described-dirtbag-of-the-internet
no paywall: https://archive.ph/AWro5
¹ decentralized finance, sometimes pronounced "money laundering"
see also: https://universeodon.com/@cryptadamist/113126404086066850
#donaldtrump #election2024 #2024Election #uspol #Maga #magats #uspolitics #harris2024 #kamala #kamalaharris #chaseHerro #ChaseHero #WLF #bitcoin #cryptocurrency
Wendy Siegelman
Nonilex
⚯ Michel de Cryptadamus ⚯