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Trump-backed World Liberty Financial plans to buy back more WLFI tokens after the token slid about 10% since the midterm elections — and more than 66% this year.

The venture says it may fund the buybacks with fees from reserves backing its USD1 stablecoin, aiming to boost governance participation and reward long-term holders.

Meanwhile, Tron founder Justin Sun has asked a federal court to sanction World Liberty in his lawsuit over roughly 4 billion frozen WLFI tokens.

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