WLFI has come under scrutiny due to a flagged $10,000 from its $550 million token sale, highlighting potential illicit funds. Senators Warren and Reed voiced their concerns about the negligible amount, which is only 0.002% of the total raised.
Analyst ZachXBT defended WLFI, arguing the flagged amount is statistically insignificant. He also noted that other projects like Hyperliquid might be next under scrutiny if WLFI faces actions, while WLFI’s current trading volume remains robust at $142 million.
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