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Just saw this lawsuit thing about World Liberty Financial's founders and honestly it's pretty wild. So apparently Chase Herro and Zak Folkman had this project called Dough Finance that got hacked back in 2024 - investors lost $2.5M and the team basically ghosted them after that one governance post. Then these same guys go and launch WLFI and suddenly they're making serious money.
Here's where it gets weird though. WLFI's got a market cap over $2 billion now, and they just dropped $3M on EOS tokens like it's nothing. But they still haven't paid back the Dough investors? A former backer named Jonathan Lopez is actually suing Herro over it, and get this - the trial date is literally this month. April 2026. Like... that's now.
They recovered $280K from the hack and paid out some of it, but most people got stuck with DOUGH tokens that are basically worthless in 2025. And Zak Folkman's team just... moved on to their next thing. The whole situation feels off when you think about it - they're clearly capable of moving money around, so why the radio silence on the old investors? Curious to see if this actually goes to trial or if they settle before then.