The Trump family’s crypto project was rated as D-level, with a high-risk warning for WLFI

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Gate News update: U.S. President Trump’s family crypto project World Liberty Financial (WLFI) has been rated “D” by the new rating agency CORE3, making it one of the highest-risk investment projects in the industry. CORE3 provides public and transparent risk assessments for decentralized finance (DeFi) protocols, centralized exchanges, and cryptocurrency companies by analyzing the likelihood of project funding losses, with the goal of improving industry safety.

Dyma Budorin, CEO of the HAI Group behind blockchain security firm Hacken, said many crypto projects are still focused on quick profits, while overlooking risk management and security. He noted that WLFI’s loss probability score is as high as 68.01, currently placing it in the bottom 50 of CORE3’s ratings, just behind some low-scoring projects such as the real-estate investment platform RealT.

The rating reflects multiple risks facing WLFI, including a lack of ongoing on-chain monitoring, no structured bug bounty program, and the fact that most tokens are concentrated in the hands of insiders. Budorin emphasized that these factors can lead to delayed responses to security incidents and increase the opportunities for attackers to exploit vulnerabilities. CORE3’s scoring system is fully disclosed, allowing anyone to look up the specific basis for the scores and submit information to adjust the rating.

The rating comes as more and more traditional financial institutions are seeking crypto-asset investments. CORE3 hopes to provide investors with a reliable reference. At the recently concluded EthCC conference, several crypto companies said that institutional investors need more complete risk assessments before they can feel comfortable moving ahead. Budorin also said CORE3 welcomes industry feedback and may improve its methodology in the future to increase the accuracy of ratings and industry safety standards.

WLFI has not yet issued an official response to the rating, but this “D”-level risk warning will undoubtedly draw investors’ attention to high-risk crypto projects and directly affect market decisions. (DL News)

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DandelionKindergartenvip
· 04-04 21:58
WLFI. This coin is just a money grab with no value; there are too many chips. Honestly, it's just Trump having some traffic as the U.S. President. Everyone bought in, but didn't expect the Trump family to dump on those who initially invested. If Trump gets impeached, he'll at least lose 30 times. 😁 He's even worse than a stray dog. WLFI is now useless. Using WLFI to return USD 1, attract customers, and then when the market cap reaches USD 1, run away with the money. Who can do anything about it? Many brainless fans are adding to their positions 😅 in the Trump family. They have already siphoned off $500 million from this coin. It has long lost liquidity. Waste is waste. 😄 Wake up, fellow leeks, isn't buying Bitcoin more fragrant? Isn't buying Ethereum more fragrant? ☺
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