World Liberty Financial "Rumors of Large-Scale Ethereum (ETH) Sale Unfounded"

Source
JH Kim

Summary

  • A representative of World Liberty Financial stated that the rumor of selling Ethereum (ETH) is not true.
  • Blockchain analytics firm Lookonchain reported the sale of 5471 ETH, but the company denied it.
  • Investors are advised to carefully consider the company's official stance rather than being swayed by rumors.

A representative of the Trump family's DeFi project, World Liberty Financial (WLFI), stated that the rumor of selling Ethereum (ETH) worth $8.01 million on the 9th is not true.

In an interview with Decrypt on the 10th (local time), the representative said, "The claim that World Liberty Financial has sold its assets is completely unfounded," and added, "We have not sold any of the assets we hold."

Meanwhile, on the 9th, blockchain analytics firm Lookonchain reported, citing Arkham data, that an address suspected to be related to World Liberty Financial sold 5471 ETH (approximately $8.01 million at the time).

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?