ZachXBT: Warren's accusation that WLFI's fundraising involves illegal funds is "groundless," accounting for only 0.0018%

"On-chain detective" ZachXBT posted on X platform stating that Elizabeth Warren, the chief Democrat of the U.S. Senate Banking Committee, claimed that $10,000 of illegal funds was involved in the fundraising process of the Trump family's crypto project World Liberty Financial, while the scale of WLFI's token sale reached $550 million, accounting for only 0.0018%. This is akin to Warren claiming to be a Native American, but tests show she has only 0.195% Native American ancestry.

ZachXBT added that he does not hold WLFI tokens and did not participate in the token sale, pointing out that this issue arises because regulators are trying to use unfounded "illegal funding accusations" to attack the crypto industry. If the crackdown on WLFI is successful, the next target could be Hyperliquid.