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Revealed: $100 million WLFI Token buyer suspected to be a controversial shell company, funding flow in question.
[Block Rhythm] On July 15, it was reported that Aqua 1 had strategically purchased $100 million worth of WLFI Tokens and claimed to be from the UAE. However, the latest investigation revealed that "Aqua 1" is actually a shell company associated with the controversial company Web3port. Web3port is a market maker that was banned by multiple decentralized trading platforms in 2023 for alleged market manipulation. The true identity of its founder "Dave Lee" remains a mystery. Moreover, "Aqua 1" is not registered in the UAE and has not disclosed any responsible personnel information. Although these funds were advertised for "digital freedom infrastructure," they were actually transferred through opaque Wallets and Offshore Accounts, directly linked to Web3port.
According to previous reports, Aqua 1 announced that it has strategically acquired $100 million worth of the Trump family's crypto project World Liberty Financial governance token WLFI, aiming to participate in the governance of the decentralized finance platform and accelerate the construction of the blockchain financial ecosystem. In addition, Aqua 1 also plans to establish Aqua Fund in the Middle East and jointly incubate the RWA tokenization platform BlockRock with WLFI.