WLFI (World Liberty Financial) rose 6.37% in the last 24 hours.

Gate News Bot message, on November 24th, according to CoinMarketCap data, as of the time of writing, WLFI (World Liberty Financial) is currently priced at 0.16 USD, with a rise of 6.37% in the last 24 hours, reaching a high of 0.17 USD and a low of 0.12 USD. The 24-hour volume has reached 231 million USD. The current market capitalization is approximately 3.901 billion USD, an increase of 234 million USD compared to yesterday.

WLFI recent important news:

1️⃣ WLFI Reserve Company Executive Changes Spark Regulatory Concerns The CEO and Chief Revenue Officer of WLFI Reserve Company ALT5 Sigma have been placed on leave, and the company's board is investigating “certain matters related to the company.” There is a significant discrepancy in the timing of the disclosure of this executive change, which may violate SEC disclosure rules. This incident has raised market concerns about the compliance of the WLFI project, potentially negatively impacting investor confidence.

2️⃣ Emergency burn of 166 million tokens to address security risks The WLFI team executed an emergency operation, destroying 166.6667 million WLFI tokens from the compromised address, worth approximately 22.14 million USD. These funds were then redistributed to a recovery address. The operation aims to address the situation where investors may lose access to their wallets or malicious accounts exploit vulnerabilities to acquire WLFI. This initiative indicates that the project team is actively taking measures to protect investor interests, which may help enhance market confidence.

3️⃣ U.S. Senator Demands Investigation into Controversial Project U.S. Senators Elizabeth Warren and Jack Reed sent a letter to the Department of Justice and the Department of the Treasury, requesting an investigation into World Liberty Financial. They pointed out that the company allegedly sold WLFI tokens to entities associated with illegal actors such as North Korea and Russia, which may pose national security risks. This accusation has negatively affected the compliance and reputation of the WLFI project and is one of the significant factors behind the recent price fluctuations.

On the technical front, the WLFI price has recently fluctuated between $0.12 and $0.17, showing an overall upward trend. Recent urgent operations and regulatory attention may lead to continued price fluctuations in the short term. Investors should closely monitor the project's follow-up responses and possible regulatory developments, assessing their potential impact on WLFI's long-term growth.

This message is not intended as investment advice; investors should be aware of market volatility risks.