PANews reported on November 19th that ZachXBT, a blockchain expert, published an article on the X platform stating that Senate Banking Committee Ranking Democrat Elizabeth Warren claimed that $10,000 of funds raised by the Trump family's crypto project World Liberty Financial came from illicit sources. However, WLFI's token sales reached a staggering $550 million, representing only 0.0018% of the total. This is akin to Warren claiming to be Native American, but tests revealing she only has 0.195% Native American ancestry. ZachXBT added that he does not hold WLFI tokens nor participated in the token sale, pointing out that the problem stems from regulators' attempt to attack the crypto industry using flimsy "illegal funding allegations." He added that if the crackdown on WLFI succeeds, Hyperliquid may be next.PANews reported on November 19th that ZachXBT, a blockchain expert, published an article on the X platform stating that Senate Banking Committee Ranking Democrat Elizabeth Warren claimed that $10,000 of funds raised by the Trump family's crypto project World Liberty Financial came from illicit sources. However, WLFI's token sales reached a staggering $550 million, representing only 0.0018% of the total. This is akin to Warren claiming to be Native American, but tests revealing she only has 0.195% Native American ancestry. ZachXBT added that he does not hold WLFI tokens nor participated in the token sale, pointing out that the problem stems from regulators' attempt to attack the crypto industry using flimsy "illegal funding allegations." He added that if the crackdown on WLFI succeeds, Hyperliquid may be next.

ZachXBT: Warren's accusation that WLFI's fundraising involved illegal funds is "unfounded," as it only accounts for 0.0018% of the total.

2025/11/19 14:15
1 min read

PANews reported on November 19th that ZachXBT, a blockchain expert, published an article on the X platform stating that Senate Banking Committee Ranking Democrat Elizabeth Warren claimed that $10,000 of funds raised by the Trump family's crypto project World Liberty Financial came from illicit sources. However, WLFI's token sales reached a staggering $550 million, representing only 0.0018% of the total. This is akin to Warren claiming to be Native American, but tests revealing she only has 0.195% Native American ancestry.

ZachXBT added that he does not hold WLFI tokens nor participated in the token sale, pointing out that the problem stems from regulators' attempt to attack the crypto industry using flimsy "illegal funding allegations." He added that if the crackdown on WLFI succeeds, Hyperliquid may be next.

Market Opportunity
WLFI Logo
WLFI Price(WLFI)
$0.1156
$0.1156$0.1156
-0.25%
USD
WLFI (WLFI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Analyst: Final approval of Ethereum staking ETH is expected to be brought forward to next month

Analyst: Final approval of Ethereum staking ETH is expected to be brought forward to next month

PANews reported on September 20 that the Ethereum (ETH) staking entry queue has fallen to its lowest level in four weeks, with the market worried that a surge in exit queues could trigger a massive sell-off. The market has found that the continued accumulation and buying of Ethereum treasuries and spot ETH ETFs are absorbing the selling pressure. Most of these institutions have or plan to stake assets to obtain additional returns, which may drive an increase in the staking entry queue in the coming weeks. Another positive expectation is the potential launch of ETH staking ETFs, which means that some investors may release liquidity and re-enter related products in the future to adjust their market exposure, rather than completely exit the ETH market. The deadline for final approval by the U.S. Securities and Exchange Commission (SEC) is April 2026. According to analyst Axel Bitblaze, approval is expected to be brought forward to October 2025. He added: "The next deadline for BlackRock's ETH staking approval is in October, and I think approval is likely to happen."
Share
PANews2025/09/20 18:17
Vitalik Buterin Selling Ethereum 'Faster,' Says On-Chain Tracking Firm As Second-Largest Crypto Plunges Over 5%

Vitalik Buterin Selling Ethereum 'Faster,' Says On-Chain Tracking Firm As Second-Largest Crypto Plunges Over 5%

Vitalik Buterin offloaded millions worth of Ethereum (CRYPTO: ETH) over the past couple of days, coinciding with a significant drop in the cryptocurrency’s priceread
Share
Coinstats2026/02/23 12:46
VeChain (VET) Daily Market Analysis 23 February 2026

VeChain (VET) Daily Market Analysis 23 February 2026

VeChain faces price pressure despite major ecosystem upgrades – here's the latest: • VET price down 10.80% over 7 days, underperforming global crypto market (16
Share
Coinstats2026/02/23 12:47