Today in crypto, World Liberty copped wide backlash over its plan to lock up early investor tokens for years, crypto money is flowing into US state elections as PACs building on their 2024 successes and Denmark’s central bank revealed that 4% of Danes own crypto, far below other European countries.
World Liberty under fire for token unlock plan
The Trump family’s World Liberty Financial faced widespread backlash over its proposal released on Wednesday that would lock up the tokens purchased by early investors for up to four years, or in some cases, indefinitely.
The plan outlined that early investors would have their World Liberty Financial (WLFI) tokens locked for a further two years before their tokens would be released in batches over the following two years, while tokenholders who did not accept the new unlock schedule would “continue to have their tokens locked indefinitely.”
The proposal saw wide opposition, most notably from World Liberty adviser and its biggest investor, Justin Sun, who called the plan “one of the most absurd governance scams I have ever seen.” Moonrock Capital founder Simon Dedic claimed that WLFI investors “who thought they were sitting on solid profits just got rugged.”
World Liberty Financial did not respond to questions about the backlash. Spokesman David Wachsman told Cointelegraph in an emailed statement that the proposal “was designed to further align all the participants in the WLFI ecosystem for the long run.”
US midterm election mirrors 2024 as crypto PACs move into Ohio races
Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election.
In a Wednesday notice, Sentinel Action Fund, a group that claims to be the “only conservative Super PAC advancing pro-crypto candidates and supporting pro-crypto innovation,” said it would be supporting Republican Jon Husted in this year’s race to represent Ohio in the US Senate.
Husted was appointed by Ohio Governor Mike DeWine in January 2025 to replace JD Vance, who was elected vice president alongside US President Donald Trump in his 2024 election win. He still faces a field of Republican candidates ahead of a May 5 primary in Ohio, where former Senator Sherrod Brown will also face off in the Democratic primary against Ron Kincaid.
Sentinel Action Fund President Jessica Anderson specifically cited Brown as having “stood in the way of pro-innovation policies when it comes to digital assets” in the PAC’s endorsement of Husted.
Only 4% of Danish citizens hold crypto, far below other European countries
Only 4% of Danish citizens own cryptocurrencies, a figure that has remained unchanged since 2023 despite the global growth of the sector across Europe and other jurisdictions, according to a new staff paper from the country’s central bank published Wednesday.
The Danmarks Nationalbank staff paper, based on a survey conducted by Epinion, revealed that among those who do hold crypto, most maintain relatively small positions. The majority reported holdings below 10,000 Danish kroner (around $1,570), with total national holdings estimated between $317 million and $847 million.
The survey is based on responses from 3,013 citizens aged 15 and above. The data was gathered between October and November 2025 through Denmark’s Digital Post system, with options to respond online or by phone. The sample was weighted to reflect national demographics.
The findings show that Denmark sits at the lower end of crypto adoption compared to other European countries, where ownership rates are higher. Countries such as Norway, Finland and the United Kingdom report over 10% of their populations hold crypto assets.
