WLFI Token Hits New Low Amid Growing Backlash
-

The governance controversy surrounding World Liberty Financial comes at a critical time, as its WLFI token has dropped to an all-time low of $0.07. The decline follows revelations that wallets linked to the platform used WLFI tokens as collateral to borrow stablecoins, raising concerns about risk management and internal practices.Critics, including Justin Sun, argue that such actions undermine trust, especially when paired with unclear governance decisions. As backlash intensifies, the project now faces pressure to restore confidence among investors and address concerns about transparency and accountability.