WLFI Under Scrutiny: Could Hyperliquid Be Next?

World Liberty Financial (WLFI) is facing regulatory scrutiny after a $10,000 transaction from its $550 million token sale sparked concerns from Senators Elizabeth Warren and Jack Reed. This amount represents just a tiny fraction of the total offering, but it’s fueled questions about WLFI’s funding source. Despite these headline-grabbing allegations, WLFI’s price remains stable with strong daily trading volume at $142.7 million. 0.1363. On-chain analyst ZachXBT has cast doubt on the validity of these claims, arguing that $10,000 is an insignificant portion of the total raised in the sale. He also cautioned that a successful investigation against WLFI could pave the way for stricter oversight and scrutiny of other platforms like Hyperliquid. While no official investigation has been confirmed for Hyperliquid yet, this case highlights the growing need for greater regulation within the cryptocurrency market.