Tron, Move Refuse ‘Token Swap’ Deal for Integration around the Liberty Financial World
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- to be integrated into the project.
A Report from Blockworks On Monday it was alleged that representatives from WLFI built protocol teams in a deal to include in the project ark. The deal is that they can buy $ 10 million WLFI tokens along with a 10 percent fee, and WLFI will buy the same amount of tokens of their protocol.
“There is no agreement on the token replacement,” a spokesman from Tron told CoinDesk.
Tron’s TRX is the second largest Wlfi wallet, According to the on-chain data Curated by Arkham.
The WLFI wallet currently holds 40.7 million TRX worth $ 9.3 million. WLFI made its purchases on the branches throughout January.
The labs of the movement, who saw the shift of the token that jumped in late January when the WLFI bought its $ 2 million, and the rumors were sinking that the team was talking to the efficiency of the Elon Government Department Musk, has also been denied that there is a swap agreement in the area.
Rushi Manche, co-founder of motion labs, CoinDesk said earlier that they did not send tokens to anyone including WLFI.
“There are no deals – any deals behind the door. It’s concentrated just buying the market,” Manche told CoinDesk.
