WLFI Co-Founder Zach Witkoff Responds to Allegations, Sets the Record Straight
WLFI co-founder Zach Witkoff issued a statement addressing recent allegations and what he described as misinformation. He said WLFI has no ties to the TRUMP meme coin and should not be conflated with it. He also stated WLFI is not connected to "fight fight fight" or CIC Digital Corporation.
Witkoff added that early WLFI holders purchased at initial prices of $0.015 and $0.05, while the token is currently priced at $0.08. He emphasized that WLFI's core product is not trading fees but its stablecoin, USD1, which generates yield via U.S. Treasury holdings and is currently the world's second-largest compliant stablecoin by trading volume and market capitalization.