A VC says he declined to join the Trump family’s crypto venture after cofounder Steve Witkoff couldn’t pronounce ‘memecoin’

A venture capitalist, Nic Carter, declined to join World Liberty Financial (WLFI), a crypto venture linked to the Trump family, after its cofounder Steve Witkoff demonstrated limited crypto knowledge and mispronounced 'memecoin' as 'me-me' coins. WLFI, which included Trump and his sons as cofounders, received a $45 million investment from crypto billionaire Justin Sun in 2024 before he later sued the project for fraud.