1h ago
WLFI Faces Ethics Scrutiny Over 75% Revenue Flow to DT Marks DEFI LLC
World Liberty Financial (WLFI) is drawing ethics scrutiny over a structure that sends 75% of net revenue to DT Marks DEFI LLC, an entity tied to Donald Trump and his family, while shielding them from operational liability. A House Democrats staff report dated November 24 described WLFI as a focal point of alleged self-dealing, alongside claims of at least $890 million collected and tokens valued at $3.8 billion. The project has also been linked to large inflows including Justin Sun's $75 million purchase and a $100 million stablecoin transfer from the UAE-based Aqua 1 Foundation, while WLFI tokens are reported down 50% from all-time highs.
ETH
ETH+1.52%
1h ago
2h ago
Drift opens onchain talks with wallets tied to $280M–$286M exploit
Drift Protocol said Friday it initiated onchain outreach to wallets holding Ether linked to an exploit that outside firms estimate at roughly $280 million to $286 million. The team said it sent messages from Ethereum address 0x0934faC to four wallets associated with the exploiter, asking them to contact Drift via Blockscan chat. The outreach followed Thursday onchain messages from an unknown ENS user demanding 1,000 ETH to withhold alleged identity information.
XLM
XLM+1.48%
2h ago