Judge Fudge

[Thomas Massie @RepThomasMassie]

The irony of Republicans controlling all branches of government while

bankrupting the country, starting a war, sending money to fraudulent programs, violating the Constitution, giving corporations immunity...

but arguing that the biggest problem we have is “stolen elections.”

[Machiavelli Bot @UnmodernmanBot]

The most dangerous mistake in life is assuming people are responding to reality, when they are actually responding to perception, because once you understand that people act based on what they believe is true, not what is true, you start managing how things appear, not just how they are.

[John Bourscheid 🇺🇸 🚀 @bourscheid]

$300 billion for Iran. $300 billion for Israel. $1 billion for a ballroom nobody asked for. $1.776 billion for a felon slush fund.

$0 for you.

[Conspiratorial Templates @mynamehear]

The US economy is now just different types of bribes and crypto scams

[scha·den·freu·de  @BlisterPearl]

So we're calling these guys the "Liquor Cabinet"?

[Melanie D'Arrigo @DarrigoMelanie]

“The Pope is weak on crime” is a top 5 dumbest thing any world leader has ever said.

[bean smoothie™ @beansm00thie]

therapist told me it'd be easier if i just blew my shit smoove off

[Wealthy Anon @wealthyanon]

The Trump family launched "World Liberty Financial" and told the world it would revolutionize finance, bank the unbanked, and bring the power of decentralized money to ordinary people. Two years later, the token is down 82% from its peak, regular depositors have been locked out of their own funds, the company sold nearly half of itself to a foreign government's investment arm days before the president took office, and the Trump family has already cashed out tens of millions in real money while retail investors hold worthless bags. This is the full story. Every word of it is documented. None of it is disputed. And almost none of it has received the attention it deserves.

It started with a pivot nobody questioned hard enough.

Donald Trump spent years calling Bitcoin a scam. He said crypto was "not money" and was "based on thin air." Then, sometime around 2023, he changed his mind. Not because he studied the technology. Not because he became convinced of its merits. He changed his mind because he saw that the crypto industry had money, that it wanted political cover, and that he could provide that cover in exchange for something valuable. What followed was one of the most brazen examples of a politician monetizing public office in modern American history and it was done entirely in the open, with the full knowledge of the press, the public, and Congress, and almost no consequences whatsoever.

In September 2024, Trump announced World Liberty Financial alongside his sons Eric, Don Jr., and Barron. Barron Trump, who was 18 years old, was listed on the project's official materials as the "DeFi Visionary." Eric and Donald Jr. were listed as "Web3 Ambassadors." Donald Trump Sr. was listed as "Founder Emeritus." The project was co-run day-to-day by Chase Herro, Zachary Folkman, and Zach Witkoff, the son of Steve Witkoff, who simultaneously served as Trump's Special Envoy to the Middle East. The overlap between Trump's diplomatic apparatus and his private crypto business was not hidden. It was right there on the website for anyone to read.

The financial structure was designed to extract maximum value for the family before anyone else saw a penny.

A Trump-controlled entity called DT Marks DEFI LLC was written into the project's foundational documents with the following terms: a stake that was initially 60% of WLF Holdco LLC, later adjusted to 38% as new investors came in; ownership of 22.5 billion WLFI tokens; and an entitlement to collect 75% of all net revenue generated by token sales, including interest earned on reserve assets backing the project's USD1 stablecoin. Read that again. Before a single line of working code was deployed, before a single ordinary investor bought a single token, the Trump family had contractually guaranteed themselves three-quarters of all the money that would ever flow through this project. That is not how legitimate financial innovation works. That is how a toll booth works, except the Trump family built the road and owns the toll booth and sets the toll.

Then came the fundraising. $550 million from ordinary people.

Phase one of the token sale launched in October 2024 and raised approximately $300 million. Phase two followed and raised another $250 million. By March 2025 the total had reached $550 million. The tokens were marketed as governance tokens, meaning holders could vote on certain project decisions, but the voting power of retail holders was negligible given that the Trump family and insiders controlled the overwhelming majority of the supply. The tokens were not securities, according to the project, which conveniently meant they were not subject to the disclosure requirements, investor protections, or oversight mechanisms that apply to securities. Senators Elizabeth Warren and Representative Maxine Waters disagreed and called for investigations. Reports also emerged that WLFI tokens had been sold to individuals linked to sanctioned countries including Iran, North Korea, and Russia, triggering SEC inquiries. The project denied wrongdoing. The inquiries continued.

The biggest single buyer was a man with a pending fraud case against him.

Justin Sun, the Chinese founder of the Tron blockchain, spent at least $75 million buying WLFI tokens, making him the project's largest known individual investor. At the time he was buying, Sun was facing a civil fraud lawsuit from the SEC alleging securities violations, wash trading, and undisclosed celebrity endorsements. In February 2025, shortly after Trump returned to office, the SEC moved to settle that case for $10 million, a fraction of the alleged gains. Democrats on the House Financial Services Committee alleged the settlement represented a pay-to-play arrangement: Sun had invested tens of millions in the president's family business and the president's regulatory agency had made his legal problems go away. The administration denied any connection. The timing was what it was.

Then came the UAE deal. This is where it stops being a crypto story and becomes a national security story.

Four days before Donald Trump's second inauguration, a company backed by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser and one of the most powerful figures in the Abu Dhabi royal family, quietly signed an agreement to acquire a 49% stake in World Liberty Financial for $500 million, with $187 million paid upfront directly to Trump family entities. The deal was signed by Eric Trump. Two senior officers at companies controlled by Sheikh Tahnoon were given seats on World Liberty's board.

This was reported by the Wall Street Journal and described by legal experts as something genuinely unprecedented in American political history. A foreign government's most senior national security official had purchased nearly half of a company owned by the incoming president of the United States days before that president took office. The Wall Street Journal also reported separately that Sheikh Tahnoon was simultaneously pushing the Trump administration for increased US access to Nvidia AI chips, cutting-edge semiconductor technology that had been subject to national security export restrictions precisely because of concerns about the UAE's relationships with China.

Shortly after Trump returned to power, his administration reversed those restrictions and approved expanded UAE access to Nvidia chips. The administration denied any connection to the WLFI deal. Senator Chris Murphy said explicitly that what the Trump family had done was corruption. The White House called it a coincidence. You are an adult. You can evaluate that explanation yourself.

Then came the scheme that broke ordinary depositors.

Here is how it worked. WLFI created its own stablecoin called USD1, pegged to the US dollar. It also operated WLFI Markets, a lending platform built on a third-party DeFi protocol called Dolomite. Dolomite's co-founder was also an adviser to World Liberty Financial, a fact that will become relevant very shortly.

Beginning in early February 2025, WLFI's treasury began executing a series of transactions that onchain analysts described as circular financing. The treasury deposited its own USD1 stablecoin into Dolomite and borrowed USDC against it. The borrowed funds were immediately moved to Coinbase Prime, an institutional platform typically used to convert crypto into cash or execute large OTC trades. Then, in late February, WLFI deposited 890 million of its own WLFI governance tokens into Dolomite and borrowed more stablecoins against them.

By April 2026 the total position had grown to approximately 5 billion WLFI tokens pledged as collateral, nominally valued at around $440 million, against which WLFI had borrowed approximately $75 million in stablecoins. More than $40 million of the proceeds had been routed to Coinbase Prime. The WLFI token dropped nearly 10% when this was first reported, then another 12% the following day, hitting its lowest price since launch.

The mechanics of why this is dangerous are worth explaining clearly. WLFI used tokens that it controls and can effectively create to borrow real, spendable money. The collateral is only worth what the market says it is worth on any given day and because WLFI tokens are thinly traded, any forced liquidation of that collateral would crash the token's price, which would reduce the value of the collateral further, which would trigger more liquidation, which would crash the price further. This is the exact same death spiral that destroyed FTX and Alameda Research in 2022. Alameda borrowed billions against FTX's own FTT token. When the token price fell, the collateral evaporated and the whole structure collapsed, wiping out billions in ordinary investor funds. The critical difference is that Alameda did it secretly. World Liberty Financial did it on a public blockchain, in full view of anyone who cared to look, and when analysts pointed it out, the project's response was to post a statement on X saying they were "nowhere near liquidation" and that if prices moved against them they would simply "supply more collateral." More of their own tokens. As if the solution to the problem of using a bad asset as collateral is to use more of the same bad asset.

Regular depositors paid the price.

WLFI's borrowing was so aggressive that it pushed Dolomite's USD1 lending pool to approximately 93% utilisation. This meant that ordinary users who had deposited USD1 into Dolomite to earn yield found themselves unable to withdraw their own money. WLFI's treasury position now accounts for roughly 55% of Dolomite's total value locked, meaning one entity controlled by the president's family dominates an entire third-party lending protocol in a way that exposes every other user to the consequences of its decisions. The project called this being an "anchor borrower" that "generates yield for everyone else." The people who couldn't access their savings called it something else.

Then came the sanctioned criminal network connection.

World Liberty Financial partnered with a Southeast Asian blockchain project called AB DAO and announced that its USD1 stablecoin would integrate with the platform. The partnership was announced in November 2025. What WLFI apparently did not know, or did not disclose, was that AB DAO's flagship resort project had until very recently been promoted by individuals who were subsequently sanctioned by both the United States and the United Kingdom for alleged ties to Cambodia's Prince Group. US authorities have described the Prince Group as a major transnational criminal network involved in large-scale fraud. The individuals linked to the resort project were removed from AB DAO's promotional materials following the sanctions, but the history was there in the public record. A Times investigation found that WLFI was unaware of this history despite claiming to have conducted due diligence.

For context: this is a company co-founded by the sons of the President of the United States. The President's own administration imposes the sanctions in question. The President's own Treasury Department maintains the sanctions list that WLFI apparently failed to check before announcing a major business partnership. "We had no idea" is not a defence when you are operating in the name of the most powerful office on earth.

And through all of this, the token kept falling.

WLFI is now down 82% from its all-time high of $0.46 reached in September 2025. The project's treasury spent $65.58 million buying back 435 million tokens at an average price of $0.1507. Those tokens are now worth approximately half what the treasury paid for them. The buyback programme, meant to signal confidence and support the price, is 48% underwater. The people who bought in at the peak, who believed the pitch, who trusted that the President of the United States would not attach his name and his children's names to a project designed to extract their money, are sitting on losses that in many cases exceed 80%.

Meanwhile the Trump family has already moved tens of millions of dollars in real money off the platform via Coinbase Prime. The mechanism worked exactly as it was designed to work. Not for the retail investors. For the family.

This is the part that should make every American angry, regardless of politics.

The President of the United States is simultaneously: regulating the crypto industry from the White House; pushing Congress to pass crypto-friendly legislation; publicly promoting the idea of America as the "crypto capital of the planet"; and personally profiting from a crypto company his family controls, that has raised half a billion dollars from retail investors, that has sold nearly half of itself to a foreign government's investment arm, that has engaged in financial maneuvers directly compared to those that caused the FTX collapse, and that has partnered with entities linked to US-sanctioned criminal networks.

This is not a left-wing talking point. This is a description of documented, public, onchain, reported facts. Every figure cited in this post has been reported by the Wall Street Journal, CoinDesk, Fortune, CNN, the New York Times, and the Times of London. None of it is disputed. All of it is real.

They named it World Liberty Financial.

The liberty was always only for them. The world and the ordinary investors who believed them got the bill.

Share this. Every person who has ever bought crypto, every person who believes in financial accountability, every person who thinks a sitting president should not be running a self-dealing scheme with a foreign government's money while pretending to regulate the same industry deserves to know what is happening here.

This is corruption. And it is happening in plain sight.

[Anthony Scaramucci @Scaramucci]

Actual quotes from President Trump:

Trump’s “victory timeline” claims.

Mar 3: "We won the war."
Mar 7: "We defeated Iran."
Mar 9: "We must attack Iran."
Mar 9: "The war is ending almost completely, and very beautifully.
March 10: practically nothing left to target
Mar 11: “You never like to say too ⁠early you won. We won. In ​the first hour it was over.” Mar 12: "We did win, but we haven't won completely yet."
Mar 13: "We won the war."
Mar 14: "Please help us."
Mar 15: "If you don't help us, I will certainly remember it."
Mar 16: "Actually, we don't need any help at all."
Mar 16: "I was just testing to see who's listening to me."
Mar 16: "If NATO doesn't help, they will suffer something very bad."
Mar 17: "We neither need nor want NATO's help."
Mar 17: "I don't need Congressional approval to withdraw from NATO."
Mar 18: "Our allies must cooperate in reopening the Strait of Hormuz."
Mar 19: "US allies need to get a grip - step up and help open the Strait of Hormuz."
Mar 20: "NATO are cowards."
Mar 21: "The Strait of Hormuz must be protected by the countries that use it. We don't use it, we don't need to open it."
Mar 22: "This is the last time. I will give Iran 48 hours. Open the strait"
Mar 22: "Iran is Dead"

Mar 23: "We had very good and productive talks with Iran."
Mar 24: "We’re making progress."
Mar 25: “They gave us a present and the present arrived today. And it was a very big present worth a tremendous amount of money. I’m not going to tell you what that present is, but it was a very significant prize.” Mar 26: "Make a deal, or we’ll just keep blowing them away."
Mar 27: "We don’t have to be there for NATO."
Mar 28: No major quote
Mar 29: Claimed talks were progressing
Mar 30: "Open the Strait of Hormuz immediately, or face devastating consequences."
Mar 31: Claimed a deal was "very close" and that Iran would "do the right thing"
Apr 1: "We’ll see what happens very soon."
Apr 2: Repeated that a deal was likely, while warning of continued strikes if not
Apr 3: "Something big is going to happen."
Apr 4: Said Iran must comply "immediately" or face further consequences.

Apr 5: "Open the fuckin' Strait, you crazy bastards, or you'll be living in Hell - JUST WATCH! Praise be to Allah."
April 6 :a whole civilization will die
April 7: total and complete victory
April8: objectives were met

A true disaster

[Neil Renic @NC_Renic]

Stop panicking about the markets and trust Trump's plan for short term pain for medium term agony for long term catastrophe

[۟ @4NGELWING]

all quiet on the frontal lobe

[Mayor Guy Fieri @GuyFieri]

Welcome to @flavortown 😂

[scott 🌞 @scottdomes]

the best cure for overthinking is to really internalize this quote:

“All courses of action are risky, so prudence is not in avoiding danger (it's impossible), but calculating risk and acting decisively. Make mistakes of ambition and not mistakes of sloth."
- Machiavelli

[Reads with Ravi @readswithravi]

James Clear on having high standards:

[Arpit Bhayani @arpit_bhayani]

Once you are in the system (team or company) and thinking deeply, you will start to notice inefficiencies and gaps. You will see decisions being made that feel wrong. But instead of putting your point across bluntly (as if you know everything), it is extremely important to raise it thoughtfully.

What I have learned over the last decade is that tone matters more than the content, at least at first. Challenge decisions, yes, but do it with kindness and clarity.

Do not assume others missed something; assume they had different inputs. One of the things I became good at is framing - I started framing my inputs as additions, not corrections. It changes how they are received.

When offering feedback or questioning a choice, be mild in tone but sharp in reasoning. Of course, sharpness must come from preparation, so gather as much context as possible before making an argument. Here's how I "do my homework."

- understand the context and constraints
- explore alternatives and their trade-offs
- anticipate counters and prepare
- cite metrics, issues, or past incidents
- keep it brief but loaded with substance
- state assumptions and ask clarifying questions
- suggestions should back team or product goals

Be as detailed as possible, because that builds trust. Over time, your feedback will not just be heard, but it will be sought.

The goal is not just to "win" arguments; it is to move the team forward and chase the same north star.

[𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉 @OrevaZSN]

I don't know who needs to hear this, but start living. The days are flying by, and all you do is work, pay bills, and stress. Enjoy what you can… walks, sunsets, music, laughter. Joy doesn't have to be expensive. You deserve it.

[James West @James_West_PhD]

Gorsuch is a G*d-d*mned genius:

"For those who think it important for the Nation to impose more tariffs, I understand that today’s decision will be disappointing. All I can offer them is that most major decisions affecting the rights and responsibilities of the American people (including the duty to pay taxes and tariffs) are funneled through the legislative process for a reason.

Yes, legislating can be hard and take time. And, yes, it can be tempting to bypass Congress when some pressing problem arises. But the deliberative nature of the legislative process was the whole point of its design. Through that process, the Nation can tap the combined wisdom of the people’s elected representatives, not just that of one faction or man.

There, deliberation tempers impulse, and compromise hammers disagreements into workable solutions. And because laws must earn such broad support to survive the legislative process, they tend to endure, allowing ordinary people to plan their lives in ways they cannot when the rules shift from day to day. In all, the legislative process helps ensure each of us has a stake in the laws that govern us and in the Nation’s future.

For some today, the weight of those virtues is apparent. For others, it may not seem so obvious. But if history is any guide, the tables will turn and the day will come when those disappointed by today’s result will appreciate the legislative process for the bulwark of liberty it is."

[y @ysuckme]

I heard someone say:

"The amount of good things in your life depends on your ability to notice them."

I can't see it any other way now.

[Bambulu @Bqmbulu]

Gold!