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Without permission last week, Empire co-host Jason Janowitz was sitting with Zack Folkman from World Liberty Financial.
As Yanowitz pointed out, World Liberty Financial certainly has won quite a bit of controversy, but Folkman said, “We're not really doing anything controversial.”
Quick Sidebar Here: Folkman also said that legacy media (meaning the New York Times and other large news sources) is “rotten” and tried to create a story. He mentioned the fact that they use “unconfirmed facts” with unknown sources. Given that BlockWorks previously reported on the project using anonymous sources, I wanted to explain this as a normal practice in journalism.
Our goal is to report the truth, and sometimes the way we do that is to keep the source anonymous. However, there are strict guidelines to ensure that every story you go out is being judged in large quantities.
But let's go back to the Folkman. He said that before Trump took office, the world's Liberty Financial was already active.
“President Donald Trump) started token sale before he was elected, so this is a project that we've been working on for quite some time. The whole goal was to build a Defi product that would make Web3 technology available to people who are used to operating in a Web2 environment,” Forkman said.
Falkman later said in the conversation that the team attracted a lot of interest from public companies that wanted to use WLFI in the corporate Treasury Department.
He said World Liberty plans to be audited on Stablecoin, USD1 and will post a certificate report on its website “in the next few days.”
He added that they are working closely with ChainLink.