World Liberty Financial, the decentralized finance (DeFi) project backed by a certain former US president, has issued a statement denying allegations that it has been selling tokens.
The statement, released on their official X account (formerly Twitter), refutes recent reports suggesting the company has been actively distributing tokens. “We have not sold any tokens,” the statement reads.”We are devoted to transparency and will deliver regular updates on the project’s progress.”
We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working capital requirements. To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes.…
— WLFI (@worldlibertyfi) February 3, 2025
This clarification comes amid speculation surrounding the project’s fundraising activities and the status of its token sales. While the company previously announced plans to sell a portion of its 100 billion WLFI tokens, it appears has faced scrutiny from some quarters regarding its tokenomics and regulatory compliance. The project has stated that it is committed to adhering to all applicable laws and regulations.
This latest statement aims to address these concerns and provide clarity to investors and the broader cryptocurrency community. The company has emphasized its commitment to building a successful and transparent DeFi platform.
