WLFI Co-founder Zach Witkoff publicly responds to recent doubts, clarifying multiple false accusations

DeepFlowTech · 2026-04-12T06:38:24+00:00

WLFI Co-Founder Zach Witkoff Responds to Criticism of WLFI on the X Platform, Clarifies that WLFI is Not Related to TRUMP Meme Coin and Other Companies, and Emphasizes that its Core Product is the USD1 Stablecoin Backed by Government Bonds, Currently the Second Largest Compliant Stablecoin Worldwide. He Points Out the Need for Thorough Research Before Publishing Statements.

DeepFlowTech

2026-04-12 06:38:24

Abstract generation in progress

Deep Tide TechFlow News, April 12, according to WLFI co-founder Zach Witkoff’s post on the X platform, in response to a recent controversial article involving WLFI circulating on the X platform, Witkoff publicly issued a response. After verification, the author of the article is not a member of the WLFI team and has no connection to WLFI.

In his response, Witkoff clarified the following points one by one: First, WLFI is completely unrelated to TRUMP meme coins, and the two should not be confused; second, WLFI has no connection with “fight fight fight” and CIC digital company; third, the purchase prices of early WLFI holders were $0.015 and $0.05, respectively, and the current price is $0.08; fourth, WLFI’s core product is not trading fees, but the stablecoin USD1, which generates income through holding government bonds. Based on trading volume and market cap, USD1 is currently the second-largest compliant stablecoin in the world.

Witkoff stated, “Before writing a long tweet, one should do more thorough research.”

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