Former US President Donald Trump’s cryptocurrency platform suffered a failed sales launch. Only a small portion of the WLFI tokens that entered the market were purchased.

The World Liberty Financial platform issued about 20 billion tokens for a total amount of about $300 million. WLFI was sold at a price of $0.15 per token, but by the evening of Tuesday, October 15, only 3% of the total asset issue had been purchased.

According to unnamed sources familiar with the situation, the reason for such insignificant demand could be technological problems accessing the site. It is assumed that the project site could not cope with the influx of buyers and technically could not withstand the load, which significantly limited the sale of WLFI. As a result, only 532 million tokens were sold on the first day of trading.

Despite the fact that most of the crypto industry supports Trump, some of his supporters are cautiously relate to the project and regard World Liberty Financial as a source of potential political and legal problems.

Earlier, Maxine Waters, a member of the Financial Services Committee of the US House of Representatives, expressed concern about the launch of World Liberty Financial, linking her concerns with the risk of increased attention from hackers to decentralized finance (DeFi) projects.