Trumpcoin Launches With a Whimper

Investors scooped up only a small number of the Trump family's new World Liberty Financial crypto tokens after website reliability issues interfered with a launch event.

The Trump family’s new crypto venture, World Liberty Financial, is off to an inauspicious start after website crashes limited the ability for investors to participate in an inaugural token sale event.

The crypto token, WLFI, went on sale at around 9 am Eastern time on Tuesday. At the time of writing, the website continues to be plagued by reliability issues, pushing some visitors to an error page. “We can’t connect to the server for this app or website at this time,” the notice states.

Data from analytics platform Etherscan shows that only 8,500 people have participated in the token presale so far, purchasing around 750 million tokens—3.75 percent of the total available in ...