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Senators warn Trump-linked crypto firm may pose national security threat

Democratic senators are urging a probe into WLFI over alleged token sales to North Korea- and Russia-linked wallets, while researchers say some claims stem from false positives.

🔗 Source

💡 DMK Insight

The push for a probe into WLFI’s token sales is a red flag for traders: it could trigger regulatory scrutiny. With allegations linking transactions to North Korea and Russia, the market’s reaction might be swift. Traders should be wary of potential volatility in WLFI and related assets as news develops. If the investigation gains traction, we could see a broader sell-off in tokens perceived as risky or linked to geopolitical tensions. Watch for WLFI’s price action around key support levels; a break below could signal further downside. On the flip side, if the claims are debunked, there might be a buying opportunity as sentiment shifts. Keep an eye on trading volumes and sentiment indicators to gauge market reaction in the coming days.

📮 Takeaway

Monitor WLFI closely; a break below key support could lead to significant downside amid regulatory fears.

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