"Insiders Selling World Liberty Financial (WLFI)… Pump-and-Dump Scam"

Source
JH Kim

Summary

  • Jacob King, CEO of WhaleWire, said insiders are already selling millions of dollars' worth of World Liberty Financial (WLFI) tokens.
  • He said he confirmed, based on on-chain data, that those transactions are taking place.
  • He called the case a typical pump-and-dump scam.

Jacob King, CEO of WhaleWire, said on the 1st (local time) on X (formerly Twitter), "On-chain data shows insiders are already selling millions of dollars' worth of World Liberty Financial (WLFI) tokens," claiming, "This is a typical pump-and-dump scam."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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