Two months after the encryption platform was hacked and cleaned clean, Chase Hero and Zak Volcman appeared with a new project, this time with Trump and his three sons on the plane.
Hiro and Folkman, who had previously funded the dough that was not now over, gave up hundreds of investors who lost millions of collapse, and re -appeared with World Liberty Financial, an encryption project now flows into the pockets of the Trump family.
according to ReutersJonathan Lopez, a 31 -year -old encryption dealer and a motivational speaker from Miami, invested a million dollars in dough in May 2024. He got acquainted with high -risk strategies such as “Looping”, which allows users borrowing against encryption assets over and over again.
Hiro personally led him, and told him, “We get rewards for the dangers we face. LFG.” Then on July 12, everything went. Lopez boxes and more than $ 2.5 million in total were drained in a later recognition by dough due to weaknesses in their own symbol.
Hiro promised to fix the dough while planning global freedom with Trump
In the wake of the violation, Hiro wrote a text message to Lopez, saying: “I said that we will take care of it,” and claimed that the team needed the weekend to count things. Folkman told the Telegram’s Telegram users that “we will not stop until everyone is completely.”
But by August 18, both founders were silent. Telegram and X accounts were abandoned in Dough, and a single private chat group has been completely deleted, according to the former members.
While the investors waited, Hiro and Folkman were already building global freedom. Get to know Trump, Don Junior and Eric Trump through Presidential Envoy Steve Witkeov, and the Trump family soon jumped.
Trump won the title “Chief Crypto Advocate”, while his sons were classified as “Web3 ambassadors”. None of them commented on the dough scandal.
When asked about the roles of Hiro and Folkman, Eric Trump answered in an email, “They have overcome our complex goals and our current path is no less than incredible.”
The new project has already paid more than $ 550 million of distinctive symbols. From that, Hiro and Folkman raised at least $ 65 million, while, according to the Trump family, the Trump family received about $ 400 million. This money flowed even when former dough users struggled to regain their losses.
Lopez filed a lawsuit while Trump’s partners participated in the capital
In January 2025, Lopez filed a lawsuit against Hiro in the Miami Federal Court, on the pretext of fraud, distortion, violation of credit, and securities violations. His lawyer, Joseph Bardo, said that Lopez was invested based on the promises of Hiro about the safety and performance of the dough.
Hiro’s legal team responded by describing Lopez as an “advanced” investor who should have understood the risks, and claimed that the hack was out of Hiro’s control. An experiment is scheduled for April 2026.
Before the dough collapsed, Hiro called himself “The Dirtbag of the Internet” in a registered stadium for investors, boasting, “I do what is legal … besides that I do not give the curse.” The former Folkman project was “Date Hotter Girls”, a site that provides dating advice. Despite this tracking record, their new partnership with Trump was not towards a little general audit.
Meanwhile, the dough site is now almost closed and empty, as it was followed by Deflalama. In July, the company said that 281,000 dollars of stolen assets had been recovered with the help of the SEAL 911 security group, and promised Pro-Rata payments.
In September, data from CERTIK showed that only $ 180,000 was sent to 134 wallets. Eight of the dough users who were interviewed said they did not receive anything and did not know how the payments were chosen.
Legal challenges are accumulation. Jonathan Kojan, Kobre & Kim’s lawyer, explained that most of the victims claim to neglect because they are easier to prove fraud. Joseph Sioufi, a partner in Davis+Gilbert, said the promises “made users Kamin” are not legally binding without an official agreement.
And evacuating the responsibility of the dough – called “a novel, experimental and speculative” – do not necessarily protect them from responsibility. On January 20, when Hiro and Volcom victims waited for answers, the couple was seen in Washington, DC, celebrating the black opening ball for Trump’s return to the White House.
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