The Latest Breaking News from WLFI

UAE-based Web3 fund Aqua 1 has acquired $100 million worth of governance tokens from World Liberty Financial (WLFI) as part of a strategic effort to expand decentralized finance (DeFi) adoption and governance participation.

Top House Democratic lawmakers on Wednesday demanded that Treasury Secretary Scott Bessent provide reports on alleged "suspicious activity" around World Liberty Financial and the $TRUMP and $MELANIA meme coins.

Republicans and Democrats on Sunday held separate crypto roundtables after Rep. Maxine Waters walked out of a crypto hearing seeking to discuss crypto legislation as she alleged that GOP members of the House Financial Services Committee refused to discuss President Trump's crypto ventures.

World Liberty Financial is once again under scrutiny after some X users, including Sen. Warren, raised issue about the deal the Trump-backed crypto venture sealed with Abu Dhabi-backed MGX and crypto exchange titan Binance.

$USD1, World Liberty Financial's stablecoin, has become the fastest-rising stablecoin in terms of market cap, even as concerns remain around the DeFi venture's $WLFI token and listing on major exchanges.

The Trump family's WLFI DeFi project has launched a native stablecoin, $USD1, which is not yet tradable but is already getting much attention in the crypto space as scammers moved to replicate the coin.

“The token sales are just the beginning."

World Liberty Financial has completed a second round of $WLFI token sale that brought the total sales proceeds to $550 million, and amid reports that the U.S. president will collect $390 million from his role in promoting the DeFi project, there is confusion, and there is concern.

President Trump has invited some of the crypto industry's most prominent leaders as he is set to host the White House's first ever digital assets summit Friday.

WLFI moved some of its crypto holdings for staking and lending, and swapped $USDC for $wBTC and $MOVE – actions in line with its recent announcement regarding a digital asset reserve that includes various cryptocurrencies.

Zach Witkoff's X account was hacked Wednesday and used by the exploiters to promote a fake Barron Trump token – some crypto users claimed they lost thousands due to the fake meme coin.