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The encryption risk rating agency CORE3 has launched, and the Trump family project World Liberty Financial has only received a D rating
The crypto risk rating agency CORE3, founded by Dyma Budorin, CEO of HAI Group, a blockchain security company, officially launched on Thursday and has rated 1,426 crypto projects and 253 exchanges. World Liberty Financial, owned by the Trump family, received a D rating, with a loss probability score of 68.01, ranking among the top 50 highest-risk projects on the platform.
CORE3 pointed out that the main risks of the project include: lack of continuous on-chain monitoring, failure to establish a structured bug bounty program, and the centralization issue of insiders holding the majority of tokens. CORE3 aims to promote the security of DeFi protocols and exchanges through a publicly transparent scoring method. Budorin expressed welcome for industry feedback and improvement suggestions on the rating methodology.
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