WLFI Team Exposed: A Crypto Experiment Backed by Prestigious Endorsements and Controversial Figures

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1 day ago

Original Title: "In-Depth Look at the WLFI Team: 2 Honorary Co-Founders, 7 Co-Founders, 6 Key Members"

Original Author: Wenser, Odaily Planet Daily

On September 1, the WLFI token generation event (TGE) officially concluded, becoming another phenomenal wealth creation case in the industry since TRUMP earlier this year.

However, due to multiple disclosure errors by the official team regarding information—especially details related to the initial circulation of the tokens—there has been a perception from the outside that the WLFI team lacks professionalism. To address this, Odaily Planet Daily has compiled and summarized the core team members of WLFI and their social media accounts based on existing information from platform X for readers to verify and reference. Note: The following information is based on publicly available data, and the final list and information will be subject to WLFI's official announcements.

Image Source: WLFI Project Official Website

WLFI Team's 7 Co-Founders: The Interest Networks of the Trump Family and the Witkoff Family

According to the WLFI project official website, the main "face" members of the WLFI team are composed of the Trump family and the Witkoff family, with the CTO, growth lead, and chief compliance officer being three hired experts. Among them, Donald Trump and Steven Witkoff (U.S. government ambassador and Middle East envoy) serve as the project's "honorary co-founders." The specific business is primarily driven and publicly promoted by the following individuals.

Donald Trump Jr: WLFI Co-Founder, Eldest Son of Trump

X Platform Account: https://x.com/DonaldJTrumpJr

Donald Trump Jr and Eric Trump are currently the main leaders of the Trump family's cryptocurrency business. Yesterday, when the WLFI token was launched, he publicly stated: "Big day - @WorldLibertyFi just launched the WLFI token. This is not a meme coin; it is a pillar of real ecosystem governance, changing the way money flows. Freedom + Finance + America First. Local team."

It is clear that Young Trump wants to emphasize that WLFI is not a Trump family project but a "serious American project," and it is not a short-term speculative meme coin, but rather highlights the project's long-term development value and its role in promoting financial freedom.

Eric Trump: WLFI Co-Founder, Second Son of Trump, Head of Mining Company American Bitcoin

X Platform Account: https://x.com/EricTrump

As the face of the Trump Organization and the WLFI project, Eric Trump can be seen as a pillar of the Trump family's cryptocurrency project. Thanks to his active performance and multiple endorsements of BTC and ETH, the crypto market has been paying close attention to him. Last month, he attended the Bitcoin Asia conference, where his keynote speech and panel discussion were packed, even featuring a "walls have ears" moment. (For more details, see "Where Did Everyone Go at This Year's Bitcoin Asia?")

At the launch of the WLFI token, he also publicly stated: "Our token is now officially launched! Our team has always believed in the power and leadership of America. With the issuance of the $WLFI token from @WorldLibertyFi today, we are setting a new standard for financial freedom; built on trust, speed, and American values. This is an important moment for the future of currency!"

Barron Trump: WLFI (Nominal) Co-Founder, Youngest Son of Trump

X Platform Account: https://x.com/BarronXSpaces

Due to Barron's minimal involvement in the operations of WLFI, only "retweeting support" during public promotions, he appears more as a "figurehead" co-founder, so no further introduction is provided here.

Zach Witkoff: WLFI Co-Founder and CEO; Chairman of Alt5 Sigma (Stock Code: ALTS); Son of Steven Witkoff

X Platform Account: https://x.com/ZachWitkoff

As the absolute core of the WLFI project, Zach also expressed gratitude to the main team members in a post as the "big brother" of the project at the launch of the WLFI token. After all, the subsequent "delivery" of the WLFI token requires cooperation from Alt 5 Sigma, a publicly listed company, and his role is crucial for whether the WLFI project can continuously generate astonishing profits for team members.

Alex Witkoff: WLFI Co-Founder, CEO of Real Estate Giant Witkoff Group, Son of Steven Witkoff

X Platform Account: https://x.com/Alex_Witkoff

As another son of Steven Witkoff, Alex is more involved in the operations of the Witkoff Group and appears to be more of a "little brother" cheering on the many older brothers in the WLFI project. At the launch of the WLFI token, he also announced the event, but it seemed more like a "routine matter."

Notably, like his father Steven Witkoff, who received support from President Trump and Vice President JD Vance, Alex was also appointed by President Trump in May this year as a member of the U.S. Holocaust Memorial Council, acting as a vanguard against "anti-Semitism."

It is worth mentioning that, like the Trump Organization, which has been in the real estate industry for many years, the Witkoff Group is also one of the giants in the U.S. real estate industry.

Chase Herro: WLFI Co-Founder, Member Related to Dough Finance

X Platform Account: https://x.com/WatcherChase

Reports indicate that Chase Herro can be considered a "crypto veteran." Previously, he referred to himself as "the jerk on the internet" in a now-deleted YouTube video, having long engaged in "cryptocurrency entrepreneurship." He was previously charged for possession of marijuana and spent a few weeks in a Wisconsin prison. He first met Zach Witkoff at the Shell Bay Club, a private golf club owned by the Witkoff family in the suburbs of Miami in the summer of 2023.

According to his own account, he was standing on the lawn covered in tattoos when Zach happened to drive by—"He could tell I was a bit out of place, and then he said, 'Come, ride with me,' and we started chatting in the golf cart." Thus, the Witkoff family introduced Chase Hero and his long-term business partner Zak Folkman (another WLFI co-founder, who previously ran a company called "Date Hotter Girls") to the Trump family. The two families quickly hit it off and teamed up to create the current WLFI project.

Additionally, market news suggests that Chase Herro is related to the DeFi project Dough Finance, but the project has been stalled since being hacked in July 2024, resulting in a loss of about $2 million. Another surprising aspect is that WLFI-related individuals have claimed that Herro is a cryptocurrency millionaire, but there is no public information to support this claim. A dozen well-known industry figures have denied hearing about him in media interviews, and Dough Finance's platform data of only $3.2 million also corroborates this. It must be said that Chase Herro's story tells us that such "identity miracles" may only happen in the cryptocurrency industry.

Zak Folkman: WLFI Co-Founder, Founder of Dating App Date Hotter Girls, Member Related to Dough Finance

X Platform Account: https://x.com/zakfolkman

Like Chase Herro, Zak Folkman has also transformed from an obscure "cryptocurrency player" to a current "WLFI project co-founder." Previously, he was the founder of the dating app Date Hotter Girls, making a living by providing guidance to down-and-out men on how to approach women. He has collaborated with Chase Herro for many years, previously selling various products together, ranging from colon cleansers to get-rich-quick schemes. The DeFi project Dough Finance is also a joint effort of the two, and the successful completion of the public offering of the WLFI token can be attributed to their strong sales efforts to numerous cryptocurrency startups and influential figures in the crypto market.

It is noteworthy that, according to a previous report by The New York Times, during the sale of WLFI tokens, to gain the privilege of collaborating with the Trump family, some crypto startups were reportedly required to secretly pay millions of dollars to the WLFI project. Although many companies rejected this proposal, the final result of "WLFI's second round of public fundraising raised $550 million" indicates that this hidden insider information indeed occurred.

Despite being criticized for "WLFI essentially selling the traffic brought by its political endorsement while concealing this fact from the public," Zak Folkman has stated: "Everything we do has received a lot of exposure and credibility endorsement." Additionally, he claimed that other business partners have promised to donate between $10 million to $30 million to WLFI.

Other Key Members of the WLFI Team: CTO, Compliance Lead, and Growth Lead Also Part of the "Makeshift Team"

Due to space limitations, the following WLFI team members are briefly introduced for readers' reference.

Corey Caplan: WLFI CTO; Co-Founder of Dolomite, Early Ethereum Developer

X Platform Account: https://x.com/CoreyCaplan3

Corey Caplan is not well-known in the WLFI business but is an extremely important technical leader. He officially joined the WLFI advisory team in August 2024 and later became the project's CTO (Chief Technology Officer). Additionally, he has been dedicated to the Ethereum ecosystem since 2017, being one of the early developers of Ethereum and a holder of CryptoPunk #7863.

Ryan Fang: WLFI Growth Lead, Co-Founder and COO of Ankr

X Platform Account: https://x.com/ryanfang95

As the Co-Founder and COO of Ankr, Ryan Fang has participated in the creation of PrimeBlock and Tomo. He previously worked at the well-known investment bank Morgan Stanley and later ventured into private equity, making him a versatile talent with both traditional finance experience and cryptocurrency industry knowledge. Recently, he attended events such as Bitcoin Asia in Hong Kong alongside Eric Trump, Chase Herro, Zak Folkman, and met with Nano Labs founder Kong Jianping. He was also present among the WLFI team at the "U.S. Stock Market Bell-Ringing Ceremony" for Alt 5 Sigma.

It is worth mentioning that as a blockchain infrastructure service provider, Ankr plays a crucial role in providing cross-chain support, network distribution, and staking yield for WLFI's stablecoin USD 1, allowing USD 1 to flow freely across multi-chain networks such as Ethereum, BNB Chain, and Polygon, and quickly penetrate more blockchain applications and ecosystems. It can also earn yields through Ankr's Liquid Staking products, becoming a financial asset.

To some extent, Ryan Fang is an important node in the deep cooperation between WLFI and the BNB Chain ecosystem and Binance.

Brandi Reynolds: WLFI Chief Compliance Officer

X Platform Account: https://x.com/Brandi151797

This account is currently in a self-hiding state. Brandi Reynolds was previously a co-founder of CorCom, LLC, which was later acquired by Bates Group.

Matthew Morgan: WLFI Advisor

X Platform Account: https://x.com/MatthewMorgan23

Director of Alt 5 Sigma, Co-Founder of the USD1 native Launchpad platform BlockStreet, he previously attended the Alt 5 Sigma U.S. stock market bell-ringing ceremony.

Dylan: USD 1, WLFI Wallet Team Member

X Platform Account: https://x.com/0xDylan_

His identity was confirmed by WLFI co-founder Zak Folkman through a retweet. He previously gained market attention for calling the statement "Aave will receive 7% of WLFI tokens" as "Fake News," which led to some doubts about his identity.

Ogle: WLFI and America.fun Project Advisor

X Platform Account: https://x.com/cryptogle

He previously attended a VIP dinner event for TRUMP token holders hosted by President Trump. Additionally, he stated that he assisted the Thala team in recovering $25 million in stolen funds within 6 hours and helped the Euler Finance team recover nearly $200 million in stolen funds.

WLFI reserve treasury listed company Alt5 Sigma U.S. stock market bell-ringing ceremony site

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