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Donald Trump Announces a Launch date for his crypto project
Home Articles Trump Announces Launch Date for His Crypto Project, Vows to Leave Big Banks Behind

Trump Announces Launch Date for His Crypto Project, Vows to Leave Big Banks Behind

Utsav Kumar
Utsav Kumar
Utsav Kumar
Author:
Utsav Kumar
Editor
Utsav is the senior news editor at Bankless Times, bringing over 8 years of experience in digital journalism. He leads the editorial team by managing, editing, and sourcing impactful news stories for our readers. With a background in crypto-focused data analytics, Utsav excels in live market reporting, offering insights into the risks and opportunities that help our readers make informed decisions.
September 13th, 2024
Editor:
Utsav Kumar
Utsav Kumar
Editor:
Utsav Kumar
Editor
Utsav is the senior news editor at Bankless Times, bringing over 8 years of experience in digital journalism. He leads the editorial team by managing, editing, and sourcing impactful news stories for our readers. With a background in crypto-focused data analytics, Utsav excels in live market reporting, offering insights into the risks and opportunities that help our readers make informed decisions.

Donald Trump is all-in on crypto. He is leaving no stone unturned in courting crypto enthusiasts ahead of the presidential election in November.

On Friday, Trump took to X (formerly known as Twitter) to announce the launch date for his new crypto project, World Liberty Financial.

In a video shared on X, he can be heard saying, “Join me live on Twitter at 8:00 p.m. on September 16 for the launch of World Liberty Financial. We are embracing the future with crypto and leaving the slow and outdated big banks behind.”

Was Trump’s Announcement Spontaneous or Planned?

World Liberty Financial was already announced on Truth Social, Trump’s social media platform, with a white paper released last month. This latest announcement on X raises the question: Was this a spontaneous move, or was it planned all along?

Considering Trump’s probability of winning on Polymarket has slumped, and he now trails Kamala Harris by one point, it could be an attempt to energize the crypto community. This move seems more like a spontaneous reaction to events that unfolded after the presidential debate held in Philadelphia earlier this week.

In the video, Trump barely spoke three full sentences, with no clear information about the launch event or what will happen on September 16 and afterward. This is concerning as he has been more rhetorical in his crypto callings than actually mentioning details of what could be considered a plan.

Trump’s crypto project, World Liberty Financial, has also faced criticism for lacking clearly defined goals. In a recent incident, Trump’s family members’ X accounts were hacked and was used to promote a fake crypto project.

Similarly, there have been reports of fake crypto projects being promoted in the official Telegram group for World Liberty. However, the Trump team has been quick to act and issue warnings to not fall prey to impostors impersonating Trump’s crypto project.

Contributors

Utsav Kumar
Editor
Utsav is the senior news editor at Bankless Times, bringing over 8 years of experience in digital journalism. He leads the editorial team by managing, editing, and sourcing impactful news stories for our readers. With a background in crypto-focused data analytics, Utsav excels in live market reporting, offering insights into the risks and opportunities that help our readers make informed decisions.