World Liberty co-founder Zak Folkman explained that the $75 million loan on Dolomite Markets was small relative to the $5 billion WLFI tokens posted as collateral and aimed to boost liquidity and utilization. Despite concerns from DeFi analysts about risks, Folkman emphasized transparency and that the loan posed no threat to lenders. Additionally, World Liberty rejected allegations from Justin Sun's lawsuit claiming token freezes and governance exclusion, filing a defamation case and asserting all contract terms were public and clear. The company also noted increased scrutiny due to its ties with Donald Trump, which has both helped and complicated its growth.
World Liberty Financial, a crypto project backed by the Trump family, has postponed the sale of a token linked to a Maldives resort. The delay is caused by travel disruptions in the region due to the Iran war. The token was intended to offer investor...
Worldcoin surged 8.7% to $0.3398, topping the gainers chart with a market cap of $1.22 billion, driven by recent protocol updates. Other notable gainers include Internet Computer, Mantle, World Liberty Financial, and Arbitrum, each benefiting from on...
Businessman Share Guren “Bobby” Zhou, linked to Aqua 1’s $100 million purchase of World Liberty Financial (WLFI) tokens, remains connected to an active UK money laundering investigation since his 2021 arrest, though he hasn't been charged. Aqua 1, a ...
