ALT5 Sigma transferred 1.815 billion WLFI tokens worth $99.77 million to a new address, possibly as an internal reorganization, while holding 7.28 billion tokens with $853.24 million in unrealized losses. Despite this, WLFI's price rebounded from $0.053 to $0.056, driven by increased speculative trading in derivatives, though the spot market remains bearish with sellers dominating. The altcoin's price trend could reach $0.06 if buying momentum continues, but persistent selling risks a pullback to $0.053. ALT5 Sigma has also reportedly borrowed funds from World Liberty Financial to stay afloat.
World Liberty Financial's CEO Zach Witkoff denies allegations that the USD1 stablecoin is used to funnel funds to the Trump family, emphasizing its organic growth and utility. USD1 has over $4 billion in circulation and daily trading volumes exceedin...
World Liberty Financial, backed by the Trump family, received preliminary approval for a national bank trust charter from the Office of the Comptroller of the Currency. This approval allows the company to manage its USD1 stablecoin under federal regu...
Cryptocurrency markets rallied strongly this week, with Bitcoin climbing over 20% to nearly $80,000, driven by ETF inflows, improved liquidity, and a risk-on sentiment. Altcoins also performed well, especially Ethena (ENA) which surged over 100%, and...
Justin Sun, founder of Tron, is publicly warning investors about risks related to World Liberty Financial (WLF) and its stablecoin USD1. Sun alleges WLF secretly embedded a backdoor in the WLFI token contract allowing them to freeze or destroy tokens...
Justin Sun, founder of Tron, has filed a fraud lawsuit against World Liberty Financial (WLFI), accusing it of embedding a hidden backdoor in its governance token that allowed WLFI to freeze nearly $1 billion of his holdings after he refused to invest...
