{"id":"chase-herro","title":"Chase Herro","content":"**Chase Herro** is an American internet marketer and [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) entrepreneur. [\\[1\\]](#cite-id-eKbF2zeNO6PiHxHC) He gained significant public recognition in 2024 and 2025 for co-founding the cryptocurrency venture [World Liberty Financial](https://iq.wiki/wiki/world-liberty-financial). [\\[2\\]](#cite-id-GUFafdYJVkiqlmMG) Herro also served as an influential, albeit informal, crypto adviser to Trump's 2024 presidential campaign alongside his business partner, [Zak Folkman](https://iq.wiki/wiki/zak-folkman). [\\[3\\]](#cite-id-kPCogWUlosoCLaZ0) \n\n## Career\n\nHerro’s career began in internet marketing with a variety of ventures before he shifted his focus to the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) industry. [\\[1\\]](#cite-id-eKbF2zeNO6PiHxHC)​\n\n### Cryptocurrency Ventures\n\nHerro's involvement in the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) space became more prominent with his work on decentralized finance (DeFi) platforms, culminating in the launch of [World Liberty Financial](https://iq.wiki/wiki/world-liberty-financial).\n\n#### Dough Finance\n\nBefore World Liberty Financial, the most notable crypto project Herro was publicly associated with was Dough Finance, a [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) platform. The project was designed to facilitate peer-to-peer cryptocurrency lending and borrowing without traditional intermediaries. [\\[1\\]](#cite-id-eKbF2zeNO6PiHxHC)​\n\n#### World Liberty Financial\n\nIn 2024, Herro emerged as the co-founder and central \"dealmaker\" behind [World Liberty Financial](https://iq.wiki/wiki/world-liberty-financial) (WLFI). [\\[2\\]](#cite-id-GUFafdYJVkiqlmMG) Donald Trump announced the venture as \"embracing the future with crypto,\" [Donald Trump Jr.](https://iq.wiki/wiki/donald-trump-jr) used the tagline \"make finance great again,\" and Eric Trump stated the startup's goal was to promote \"financial independence.\" [\\[1\\]](#cite-id-eKbF2zeNO6PiHxHC) [\\[2\\]](#cite-id-GUFafdYJVkiqlmMG) The project includes a native token, WLFI, which grants holders voting rights on governance proposals, and a [stablecoin](https://iq.wiki/wiki/stablecoin), [USD1](https://iq.wiki/wiki/usd1). [\\[4\\]](#cite-id-fEcOMbn1EH9Mj5Ts)​ In April 2026, one of the venture's billionaire backers, [Justin Sun](https://iq.wiki/wiki/justin-sun), filed a lawsuit alleging an \"illegal scheme\" to seize his WLFI tokens and accusing the project of extortion; World Liberty denied wrongdoing and the legal action is ongoing. [\\[5\\]](#cite-id-xUumihE2fEnWtuck)​\n\n### Adviser to Trump 2024 Campaign\n\nHerro, along with Folkman, played a significant role as an informal crypto adviser to Donald Trump during his 2024 presidential campaign. They were reportedly introduced to the Trump family by real estate developer and Trump supporter Steve Witkoff. [\\[1\\]](#cite-id-eKbF2zeNO6PiHxHC) Herro and Folkman are credited with being influential in shifting [Trump's public stance](https://iq.wiki/wiki/donald-trumps-views-on-cryptocurrency) from crypto-skepticism to vocal support for the industry. [\\[3\\]](#cite-id-kPCogWUlosoCLaZ0)​","summary":"Chase Herro is a crypto entrepreneur and co-founder of World Liberty Financial.","images":[{"id":"QmQfio6q28jxmSuCiWP2buTLvrc81vRrkkrexAbNkveQeF","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"People in crypto"}],"tags":[{"id":"Founders"},{"id":"PeopleInDeFi"}],"media":[{"id":"QmeBNXR483pJixHp53prTAYJZu9Bfnz1P84WNp9n9FZf7K","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"QmRVvqG6hkFz6Bub46DYmvSS7sEX2rCjBGtHoBkiRfBh7g","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"QmWtMQX4WZuHGtUawCihYE62LmGa4jC5154gSB327GUhts","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"twitter_profile","value":"https://twitter.com/WatcherChase"},{"id":"references","value":"[{\"id\":\"eKbF2zeNO6PiHxHC\",\"url\":\"https://www.blockhead.co/2024/09/19/a-herro-in-disguise-trump-familys-new-crypto-guru/\",\"description\":\"Blockhead.co: Trump family's new crypto guru\",\"timestamp\":1764095574785},{\"id\":\"GUFafdYJVkiqlmMG\",\"url\":\"https://news.bloomberglaw.com/crypto/meet-the-dirtbag-of-the-internet-behind-trumps-crypto-project\",\"description\":\"Bloomberg Law: 'Dirtbag of the Internet' behind Trump’s crypto project\",\"timestamp\":1764095574786},{\"id\":\"kPCogWUlosoCLaZ0\",\"url\":\"https://www.nytimes.com/2024/10/07/us/politics/donald-trump-crypto-2024-campaign.html\",\"description\":\"NYT: Donald Trump's 2024 crypto campaign\",\"timestamp\":1764095574786},{\"id\":\"fEcOMbn1EH9Mj5Ts\",\"url\":\"https://www.theblock.co/post/380275/irreverent-memecoin-inspired-world-liberty-founder-rallies\",\"description\":\"The Block: WLF's native token and stablecoin\",\"timestamp\":1764095574786},{\"id\":\"xUumihE2fEnWtuck\",\"url\":\"https://www.bbc.com/news/articles/c8x7kxjgq9xo\",\"description\":\"BBC: Sun sues World Liberty alleging extortion\",\"timestamp\":1776909305017}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmPKwcYZJ8gjbAzVZWeQsd29uVWw7feLhHGcZuxPTm4Zoy\""},{"id":"commit-message","value":"\"Updated article title to People in crypto\""},{"id":"previous_cid","value":"QmPKwcYZJ8gjbAzVZWeQsd29uVWw7feLhHGcZuxPTm4Zoy"}],"events":[{"id":"8bb440c3-9611-4885-bd68-bb840302c3a2","date":"2018-01-01","title":"Dubbed himself the 'dirtbag of the internet'","type":null,"description":"In a 2018 speech, Herro referred to himself as 'the dirtbag of the internet,' a label that has been widely cited in media coverage of his career.","link":"https://www.blockhead.co/2024/09/19/a-herro-in-disguise-trump-familys-new-crypto-guru/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"9b9867a7-1ad7-4df8-a378-76ccb4329660","date":"2024-05-01","title":"Organized Crypto Event at Mar-a-Lago","type":null,"description":"Herro and partner Zak Folkman organized a high-profile event for crypto executives at Donald Trump's Mar-a-Lago resort, where Trump expressed strong support for the sector.","link":"https://www.nytimes.com/2024/10/07/us/politics/donald-trump-crypto-2024-campaign.html","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"3c6b9e38-c773-4e5b-81b4-beb3aad3888b","date":"2024-07-01","title":"Dough Finance Platform Hacked","type":null,"description":"Dough Finance, a DeFi platform Herro was associated with, was hacked for approximately $2 million. The project became dormant following the incident.","link":"https://www.blockhead.co/2024/09/19/a-herro-in-disguise-trump-familys-new-crypto-guru/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"d25eaf07-8dfb-423e-982a-44129e2a7ce5","date":"2024-09-01","title":"Launched World Liberty Financial with Donald Trump","type":null,"description":"Herro appeared on a livestream with Donald Trump and his sons to formally introduce World Liberty Financial, a crypto venture they were leading.","link":"https://www.nytimes.com/2024/09/16/technology/trump-crypto-world-liberty-financial.html?smid=tw-share","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"b1dee9dd-5ef4-4d1a-9f8b-4321b1d1d3b0\",\"title\":\"Chase Herro\",\"description\":\"Chase Herro is a crypto entrepreneur and co-founder of World Liberty Financial.\",\"timestamp\":\"2026-04-23T01:57:29.151Z\",\"category\":\"People in crypto\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889\",\"address\":\"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Title\",\"subtitle\":\"Changed the wiki title\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Changed title from \\\"people\\\" to \\\"People in crypto\\\"\"]},{\"title\":\"Content (World Liberty Financial / Career section)\",\"subtitle\":\"Updated content in the World Liberty Financial subsection: added a new sentence about a lawsuit and adjusted a citation number\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Added sentence about a 2026 lawsuit filed by Justin Sun alleging an \\\"illegal scheme\\\" and extortion; World Liberty denied wrongdoing (new sentence added) [[5]](#cite-id-xUumihE2fEnWtuck)\",\"Updated The Block citation number for WLF's native token and stablecoin from [6] to [4] (citation id: fEcOMbn1EH9Mj5Ts) [[4]](#cite-id-fEcOMbn1EH9Mj5Ts)\"]},{\"title\":\"Metadata (dates and type fields)\",\"subtitle\":\"Standardized date strings to YYYY-MM-DD and changed several type fields from \\\"DEFAULT\\\" to null\",\"variant\":\"modified\",\"changeCount\":4,\"changes\":[\"Updated date from \\\"2018-01\\\" to \\\"2018-01-01\\\" and changed type from \\\"DEFAULT\\\" to null\",\"Updated date from \\\"2024-05\\\" to \\\"2024-05-01\\\" and changed type from \\\"DEFAULT\\\" to null\",\"Updated date from \\\"2024-07\\\" to \\\"2024-07-01\\\" and changed type from \\\"DEFAULT\\\" to null\",\"Updated date from \\\"2024-09\\\" to \\\"2024-09-01\\\" and changed type from \\\"DEFAULT\\\" to null\"]},{\"title\":\"Speakers\",\"subtitle\":\"Replaced empty speakers array with three speaker objects (all fields null)\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Removed empty speakers array: \\\"speakers\\\": []\",\"Added three speaker objects with \\\"name\\\": null and \\\"size\\\": null (three occurrences)\"]},{\"title\":\"References (metadata)\",\"subtitle\":\"Replaced the references metadata block (removed two references, added one new reference) and added a new wiki-score metadata entry\",\"variant\":\"modified\",\"changeCount\":5,\"changes\":[\"Removed reference id \\\"VqsLpUosISnWapEv\\\" — \\\"NYT: Livestream launch of World Liberty Financial\\\"\",\"Removed reference id \\\"RPXuav5TVmtWeLtB\\\" — \\\"Fortune: World Liberty Financial takes office space in Trump Tower\\\"\",\"Added reference id \\\"xUumihE2fEnWtuck\\\" — \\\"BBC: Sun sues World Liberty alleging extortion\\\"\",\"Retained references for ids: eKbF2zeNO6PiHxHC, GUFafdYJVkiqlmMG, kPCogWUlosoCLaZ0, fEcOMbn1EH9Mj5Ts (but overall references block value was replaced)\",\"Added metadata entry \\\"wiki-score\\\" with value \\\"60\\\"\"]},{\"title\":\"Metadata (id entries: PeopleInDeFi / Founders)\",\"subtitle\":\"Removed and re-added metadata id entries for 'PeopleInDeFi' and 'Founders' (sequence of removes/adds present in diff)\",\"variant\":\"modified\",\"changeCount\":4,\"changes\":[\"Removed metadata id \\\"PeopleInDeFi\\\"\",\"Added metadata id \\\"Founders\\\"\",\"Removed metadata id \\\"Founders\\\"\",\"Added metadata id \\\"PeopleInDeFi\\\"\"]}]}]}"}