{"id":11184,"date":"2025-02-04T05:36:23","date_gmt":"2025-02-04T05:36:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11184"},"modified":"2025-02-04T05:36:23","modified_gmt":"2025-02-04T05:36:23","slug":"tron-movement-labs-deny-token-swap-deal-for-world-liberty-financial-inclusion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11184","title":{"rendered":"TRON, Movement Labs Deny \u2018Token Swap\u2019 Deal for World Liberty Financial Inclusion"},"content":{"rendered":"
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Representatives from two protocols that have tokens held by the treasury of World Liberty Financial (WLFI), a crypto project backed by President Donald Trump and his family, are denying the existence of a token swap agreement that required a $10 million – $15 million buy-in to get included in the project.<\/p>\n

A report from Blockworks<\/a> on Monday alleged that representatives from WLFI had pitched protocol teams on a deal to get included in the project\u2019s treasury. The deal was they could buy $10 million WLFI tokens plus a 10 percent fee, and WLFI will purchase the same amount of their protocol\u2019s tokens.<\/p>\n

\u201cThere is no token swap agreement,\u201d a spokesperson from TRON told CoinDesk.<\/p>\n

TRON\u2019s TRX is the second largest holding in WLFI\u2019s wallet, according to on-chain data<\/a> curated by Arkham.<\/p>\n

\"\"<\/p>\n

The WLFI wallet currently holds 40.7 million TRX worth $9.3 million. WLFI made these buys in tranches<\/a> throughout January<\/a>.<\/p>\n

Movement Labs, which saw its MOVE token jump in late January when WLFI purchased $2 million of it, and rumors swirled that the team was in discussion with Elon Musk-led Department of Government Efficiency, also denied that there was a swap agreement in place.<\/p>\n

Rushi Manche, co-founder of Movement Labs, told CoinDesk earlier<\/a> that they did not send tokens to anyone including WLFI.<\/p>\n

“There weren’t any deals \u2014 any back door deals. It was purely just market buying,” Manche told CoinDesk.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Representatives from two protocols that have tokens held by the treasury of World Liberty Financial (WLFI), a crypto project backed by President Donald Trump and his family, are denying the existence of a token swap agreement that required a $10 million – $15 million buy-in to get included in the project. A report from Blockworks […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11184","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11184"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11184\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}