WLFI CEO Responds to Questions in a Controversy Article, Clarifying Four Key Facts

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WLFI0,55%

Gate News message. On April 12, WLFI CEO Zach Witkoff posted on the X platform in response to a recent piece of criticism circulating online that claims to have been written by a self-styled “WLFI Web3 Ambassador.” After verification, the author of the article is not a member of the WLFI team and has no affiliation with WLFI. Zach Witkoff pointed out that the article contains multiple errors: 1. The article confuses WLFI with the Trump Meme coin; the two are completely unrelated. 2. WLFI has no connection to “fight fight fight” or CIC CIC digital. 3. The purchase prices of early WLFI holders were $0.015 and $0.05, while the current price is $0.08. 4. WLFI’s main product is a stablecoin (earning returns by holding U.S. Treasury bonds), not transaction fees; this stablecoin ranks as the second-largest compliant stablecoin when calculated by trading volume and market cap. Zach Witkoff also said: “Before writing a long post, you should first do more thorough research.”

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