Trump-Backed World Liberty Financial Denies Selling 5,471 ETH for $8M Amid USD1 Stablecoin Launch Plans

World Liberty Financial (WLFI), a decentralized finance project backed by Donald Trump's family, has denied reports suggesting that it sold approximately $8 million worth of Ethereum (ETH) earlier this week. The denial follows claims from analytics service Arkham, which indicated that a wallet associated with WLFI sold 5,471 ETH at a loss. WLFI has firmly rejected these assertions, stating that it has not sold any Ether. Additionally, the project is reportedly preparing for the launch of its stablecoin, USD1, and has teased an upcoming airdrop.

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