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Herro’s involvement isn’t the only red flag when it comes to World Liberty. The white paper lists 18-year-old Barron Trump – a college freshman with no known crypto expertise — as “chief DeFi visionary.” A JPMorgan Chase banker listed as an adviser to the project, Brian Baker, refused to say whether that description was accurate.
Herro is described in the white paper as the person responsible for “data & strategies.” His friend Folkman is listed as “operations lead.” Folkman used to run a service called Date Hotter Girls where he taught seminars about how to pick up women. “OK, how many guys came here to learn how to take girls home and bang them?” Folkman said in a speech in 2014. The trademark for World Liberty is registered to a company using the same address in Puerto Rico as another company run by Herro and Folkman.
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Herro’s marketing business left only a few traces online. But in a lawsuit he filed in 2014, he said that he marketed a “colon cleanser” called Regula RX on Facebook and wasn’t paid for the sales he generated. Carl Ruderman, owner of Regula RX, didn’t immediately respond to a letter sent to him at a federal prison in Miami, where he’s serving a five-year sentence for an unrelated Ponzi scheme.
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