子棋(重生版)
子棋(重生版)|Oct 26, 2026 13:36
Don't cause trouble! Don't cause trouble! Don't cause trouble! I was a bit confused when I suddenly saw this news, so I had AI help me interpret it. It means: Circle shareholders have sued Trump and WLFI in Washington federal court, with the dispute focusing on two transactions: A $500 million acquisition of a 49% stake in WLFI; A $2 billion investment in Binance, settled in USD1. The plaintiffs are not questioning the usability of USD1, but whether the Trump family profited from their presidential position through foreign government-linked funds. During the same period, approximately $400 million in USD1 was redeemed in two weeks, a 9.1% decrease in size. WLFI's price continued to be under pressure. Coupled with previous public lawsuits with Sun regarding token freezing, short-selling accusations, and governance rights, the problem escalated from a price drop to a credibility crisis. Each event can be explained individually, but the connection makes it more complex. What WLFI needs most now is not continued endorsement, but a clear explanation of its shareholding structure, freezing rules, USD1 reserve returns, and its relationship with foreign funds. To be honest, this lawsuit isn't very damaging, but it's extremely insulting, further exacerbating the trust crisis surrounding USD1! Bitcoin:native is currently fluctuating around 80,000 again. This 80,000 level is just as crucial as the Nasdaq's 29,000 level; it's another week of key volatility! If it holds this level, there's a chance for another surge; otherwise, forget about it!
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads