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    Home » Trump-linked crypto firm denies $6.3M Ethereum sell-off amid market turmoil
    News 04/11/2025

    Trump-linked crypto firm denies $6.3M Ethereum sell-off amid market turmoil

    1 Min ReadEdie DamionBy Edie Damion
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    11-4-2025 – Trump-affiliated cryptocurrency platform World Liberty Financial has vehemently dismissed reports suggesting its involvement in a substantial Ethereum disposal during recent market upheaval sparked by trade tariff uncertainties.

    The controversy emerged when blockchain analytics firm Arkham identified suspicious trading activity, suggesting a wallet sharing infrastructure with World Liberty Financial’s verified accounts had offloaded 5,471 ETH. The transaction, valued at $6.3 million, was allegedly executed through a shared Coinbase Prime deposit address.

    Speaking exclusively to industry publication Decrypt, a spokesperson for World Liberty Financial categorically rejected these assertions, stating the organisation has maintained its complete cryptocurrency portfolio intact.

    The timing of these allegations proves particularly sensitive, as the platform had accumulated its substantial Ethereum reserves during the winter months when the digital currency commanded prices north of $2,370. By midweek, Ethereum’s value had contracted to approximately $1,155, highlighting the market’s notable volatility.

    Despite the dramatic price fluctuations, World Liberty Financial maintains a robust financial position, with cryptocurrency holdings reportedly valued in the hundreds of millions of pounds. Industry analysts note that even if the disputed transaction had occurred, it would represent merely a fraction of the company’s total digital assets.

     

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