Langdon Cage Pulls Back the Curtain on “World Liberty Financial”

Langdon Cage didn’t set out to write a book; he just wanted to educate himself. But at some point in that process, he realized he had stumbled onto a story that demanded to be told. That story, at its center, examines the relationship between the Trump family and a little-understood project called World Liberty Financial (WLFI) — a blockchain-based financial platform that has raised both eyebrows and questions since its launch.

In September, Cage self-published WLFI: We’ve Lost Financial Independence, a work he describes as a “prequel to our current reality.”

Cage, a local Erie author, says the project started with nothing more than curiosity.

“About a year ago, […] I started to learn about Bitcoin,” Cage told Yellow Scene Magazine. “As I was getting into this the Trump family announced this World Liberty Financial project. I said to myself, this sounds like more than just a coin launch, so I kind of wanna pay attention to it and see how they’re gonna twist it.”

That curiosity turned into investigation. What Cage found, through months of combing through public documents, blockchain data, and financial disclosures, was a tangle of transactions and relationships that seemed to point to something larger than a typical cryptocurrency venture.

“The information kept coming in and I was tracking how things were being connected, who was getting paid, and who was doing what,” he said.

Eventually, the scale of what he was uncovering forced a change in how he told the story. “It became too big of a story to follow along in bullet points or headlines,” Cage said. “To make it accessible, and understandable,” he decided to write it in a narrative format.

According to Cage, WLFI is about far more than cryptocurrency. For him, it’s essential, that readers grasp the broader narrative about power and wealth in what he sees as a new kind of digital government.

“I have a theory,” Cage said, “that World Liberty Financial is a central bank to the sort of government that they are unto themselves, which can query favors worldwide.”

To be clear, Cage doesn’t consider himself an investigative journalist in the traditional sense. “I wasn’t hanging around courthouses and didn’t do any interviews for the book,” he said. “I was full on gathering publicly available information but I was piecing things together, making connections, and then doing the math to see how the mechanics worked.”

That math, and what it revealed, is what stunned him most.

“When you finally see the math,” Cage said, “it explains what’s called the liquidity loop […] they are using their own money to fund a company. That counts as a loan which they can earn interest on, which they can use to purchase and print more money […] It is a complete, constant money-making system.”

In other words, Cage argues that WLFI operates like a self-sustaining engine for wealth. He describes the system as a closed circuit where money circulates internally, sometimes with small injections from retail investors that keep the system alive.

WLFI: We’ve Lost Financial Independence, he said, “is the story that sets you up to understand the new government that they have created in which they can benefit financially.”

While the book is finished, Cage’s work continues. He publishes frequent updates and new findings on his Substack, WLFireside, where he keeps tracing what he calls “the receipts.”

“At the very least,” he said, “if you can track the receipts, then at least someday, maybe there’s accountability. Right?”

Cage’s book doesn’t claim to have all the answers, but it asks readers to start paying attention to the questions.