this post was submitted on 18 Oct 2024
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[–] don@lemm.ee 52 points 2 months ago* (last edited 2 months ago) (7 children)

Huh. From what I’ve searched, WLFI comes with its own warning on coingecko, a site that supposedly tracks various cryptocurrencies.

According to GoPlus, this is a proxy contract. The contract owner can make code changes to the token contract including but not limited to disabling sells, changing fees, minting, transferring tokens etc. Exercise caution.

No active trades are found for this coin.

Emphasis mine.

[–] TeamBrett@lemmy.world 12 points 2 months ago (1 children)

If it wasn't such a pithy amount that they sold I would accuse them if it, but this would be a great avenue to accept donations from foreign or nefarious actors.

[–] don@lemm.ee 1 points 2 months ago

I could also see that, given the total absence of liability on Trump’s part, even those foreign and nefarious actors might steer clear of it, if they realize that they, too, might be getting scammed, with no recourse at all to recover their investment.

Something like is very likely designed primarily to con easily conned conservatives out of their money, though the vehicle for foreign and bad actors also exists.

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