World Liberty Financial CEO calls insider trading allegations malicious nonsense

Zach Witkoff, CEO of World Liberty Financial (WLFI), has refuted community allegations of insider trading at the firm. He described the claims as "malicious nonsense," emphasizing that WLFI is a governance token. Witkoff stated that the World Liberty Financial team does not operate an exchange and therefore has no access to any data that could be used for insider trading. He added that those making the allegations are either of very low intelligence or are knowingly spreading false information. The denial comes after on-chain analyst ZachXBT announced he would expose insider trading at an anonymous crypto firm on Feb. 26. Community members have speculated that the firm in question could be Polymarket, Meteora (MET), or WLFI.