Representatives from two protocols, TRON and Movement Labs, have denied the existence of a token swap agreement with World Liberty Financial (WLFI). WLFI is a crypto project backed by President Donald Trump and his family. A report alleged that WLFI had proposed a deal to protocol teams where they would buy $10 million WLFI tokens plus a 10 percent fee, and in return, WLFI would purchase the same amount of their protocol's tokens. However, both TRON and Movement Labs have stated that there is no token swap agreement in place.



Other News from Today