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Former New York Fed examiner: WLFI linked to Trump may issue unregistered securities

On May 8, Lee Reiners, a lecturer at the Duke University School of Law and a former examiner at the New York Federal Reserve Bank, said in a blog post that World Liberty Financial, a decentralized finance agreement closely connected to the Trump family, may have issued unregistered securities, and that the WLFI token should fall under scrutiny by the U.S. Securities and Exchange Commission (SEC). Reiners’ Core Analysis: The Howey Test and WLFI’s Legal Characterization According to Reiners’ blog
WLFI-1.16%
MarketWhisper·05-09 05:11
Former New York Fed examiner: WLFI linked to Trump may issue unregistered securities