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Aqua1 Foundation Denies Ties to Web3Port Amid $100M WLFI Crypto Drama

Aqua1 Foundation Denies Ties to Web3Port Amid $100M WLFI Crypto Drama

Published:
2025-07-16 18:31:02
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BTCCSquare news:

The Aqua1 Foundation faces mounting scrutiny after journalist Jacob Silverman uncovered potential links to the controversial market Maker Web3Port. Shared web hosting and overlapping personnel—including founder Dave Lee, identified as David Li, a former Web3Port senior project manager—have fueled speculation. Aqua1 maintains independence but has yet to address key questions.

Meanwhile, rumors swirl that WLFI, the token backed by Aqua1's $100M investment, may debut for trading imminently. The saga intertwines crypto ambitions with geopolitical undertones, as Web3Port has ties to China's restricted financial sector. Market watchers await clarity on whether these connections will impact WLFI's launch or valuation.

|Square

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