New filings show Trump family will receive 75% of WLFI's net income and bear no liability

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According to CNBC, the Trump family's cryptocurrency project World Liberty Financial (WLF) has released a 13-page document detailing the mission and token allocation plan of the project. The document shows that the Trump family will receive 75% of the net proceeds of the project, without bearing any liability. The document emphasizes that Trump and his family members are not directors, employees, managers, or operators of WLF or its affiliates, and states that the project and tokens "are not related to any political activity." According to the document, the Delaware-based company DT Marks DEFI LLC, associated with Trump, will receive 75% of the net agreement income. The Trump family will receive 225 billion WLFI tokens (approximately $3.375 billion). The remaining 25% of the net agreement income will be attributed to the Puerto Rico-based company Axiom Management Group (AMG), fully owned by the project's co-founders Chase Herro and Zachary Folkman. AMG has agreed to distribute half of its earnings rights to the company WC Digital Fi, associated with Trump's friend and political donor Steve Witkoff and some of his family members.

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