Alleged Secret Agreement in Trump's Cryptocurrency Project: Altcoins Revealed! - Coin Bulletin

Allegations of a token swap agreement related to the crypto project named World Liberty Financial (WLFI), supported by Donald Trump and his family, have come to the agenda.

Two major projects with tokens in WLFI’s treasury categorically deny the existence of such a deal.

According to the claim, the WLFI team said that they would buy the same amount of their tokens if they purchase WLFI tokens worth $10 to $15 million. However, representatives of these projects state that there is no such agreement.

**Statement from TRON: “No Token Swaps!” **

According to on-chain data, the WLFI treasury, which holds 40.7 million TRX worth 9.3 million dollars, is the second largest asset of TRON. However, TRON officials have stated that the alleged token swap did not occur in any way.

On the other hand, Movement Labs also denied the claims related to the MOVE token. When MOVE worth 2 million dollars was purchased by WLFI at the end of January, rumors spread that the project had discussed with the State Efficiency Department led by Elon Musk. However, Rushi Manche, co-founder of Movement Labs, emphasized that there were no token swaps or behind-the-scenes deals, stating that the whole process was just market purchases.

The transparency of the Trump-backed WLFI project continues to be a topic of debate. However, the protocols clearly refute manipulation claims

WLFI made a statement about (#.

World Liberty Financial )WLFI###, announced that it regularly reallocated crypto assets and did not conduct token sales.

The company known to be associated with the family of US President Donald Trump, World Liberty Financial (WLFI), stated on February 3 that it regularly moves crypto assets and that this only occurs within the scope of treasury management. The company emphasized that these transactions are part of daily operations and do not imply any token sales.

WLFI’s statement came just two hours after the news that Blockworks had made token swaps with various crypto projects of the company. The news, based on anonymous sources, claimed that WLFI planned to sell $10 million worth of its unreleased WLFI tokens and acquire an equal amount of another crypto project’s local token. It was also alleged that the transaction included a 10% commission.

Despite the company’s clear denial of the allegations, these statements have fueled speculation among crypto investors. Whether WLFI has actually made a sale or how these swap agreements will shape up will become clear in the coming days.