TRON and Movement Labs Deny Token Swap with WLFI
- World Liberty Financial (WLFI) is backed by President Donald Trump and his family.
- Representatives from TRON and Movement Labs deny a $10-$15 million token swap agreement with WLFI.
- TRON’s TRX is the second largest holding in WLFI’s wallet, totaling 40.7 million TRX worth $9.3 million.
- WLFI purchased these tokens in tranches throughout January.
- Movement Labs confirmed no tokens were sent to WLFI, describing the purchases as market buying.
Both TRON and Movement Labs have denied any token swap agreements with World Liberty Financial despite significant holdings of their tokens in WLFI’s treasury.
Source (2.6)https://www.coindesk.com/markets/2025/02/04/tron-move-deny-token-swap-deal-for-world-liberty-fi-inclusion?rand=52298
