> The digital coin WLFI will be a Regulation D token offering, following a provision that makes it possible to raise capital without first registering a security with the SEC. Certain conditions must be met, such as limiting the size of the sale and restricting it to accredited investors, defined in part as having a net worth of more than $1 million.
I'm sure every token buyer is an accredited investor /s
What's the intended use of the token? Is it just to fund his campaign?
I see in the article 20% of WLF's tokens are allocated to the founding team, which includes the Trump family
also, 674.36M tokens sold and 19.326B tokens remaining seems like they were hoping to sell a whole lot more than they have so far
> The digital coin WLFI will be a Regulation D token offering, following a provision that makes it possible to raise capital without first registering a security with the SEC. Certain conditions must be met, such as limiting the size of the sale and restricting it to accredited investors, defined in part as having a net worth of more than $1 million.
I'm sure every token buyer is an accredited investor /s
with more than $1 million is hilarious