Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
WLFI: Recently sold some tokens to Hut8 at a price of $0.25 as treasury reserves

WLFI: Recently sold some tokens to Hut8 at a price of $0.25 as treasury reserves

CointimeCointime2025/10/04 04:30
By:Cointime

the Trump family's encrypted project WLFI posted on social media that the project recently sold tokens to Hut8 at a price of 0.25 US dollars as its treasury reserve. The locked tokens transferred from the WLFI fund pool are only used to complete the transaction - neither newly issued nor causing dilution.

It is worth noting that the price of WLFI is now at 0.2 US dollars, the last time it touched 0.25 US dollars was on September 22.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trump's cryptocurrency empire faces allegations of boosting political sway and posing security risks

- House Democrats accuse Trump's WLFI crypto firm of selling tokens to sanctioned entities like North Korea and Russia, calling it the "world's most corrupt crypto startup." - The firm's $1B in crypto profits and ties to the Trump brand raise national security concerns over political influence and illicit financial activity. - Eric Trump stepped back from WLFI operations in September amid regulatory scrutiny, highlighting conflicts of interest and insider trading risks. - The case underscores broader crypt

Bitget-RWA2025/11/28 12:02
Trump's cryptocurrency empire faces allegations of boosting political sway and posing security risks

South Korea Revamps Cryptocurrency Regulations to Tackle Crime and Strengthen Digital Economy Leadership

- South Korea's Financial Intelligence Unit plans stricter AML measures, including pre-emptive account freezes, to combat crypto crimes by mid-2026. - A $30M Upbit hack linked to North Korea's Lazarus group highlights vulnerabilities, prompting enhanced exchange security protocols and loss coverage pledges. - Terra co-founder Do Kwon faces up to 40 years in South Korea for the $40B crypto crash, reflecting global accountability trends after FTX's collapse. - Regulators push for bank-led stablecoin issuance

Bitget-RWA2025/11/28 12:02
South Korea Revamps Cryptocurrency Regulations to Tackle Crime and Strengthen Digital Economy Leadership

Hong Kong’s SFC Approves Hang Feng’s Expansion into Virtual Assets

- Hang Feng's subsidiary HFIAM secured Hong Kong SFC approval to offer virtual asset advisory and management services, expanding its licensed scope to include digital assets. - The upgraded licenses enable HFIAM to manage portfolios with over 10% virtual asset exposure and launch standalone crypto funds, aligning with Hong Kong's innovation-focused regulatory framework. - This strategic move positions Hang Feng to capitalize on institutional demand for digital assets while emphasizing compliance, transpare

Bitget-RWA2025/11/28 12:02
Hong Kong’s SFC Approves Hang Feng’s Expansion into Virtual Assets