PANews reported on November 19th that ZachXBT, a blockchain expert, published an article on the X platform stating that Senate Banking Committee Ranking Democrat Elizabeth Warren claimed that $10,000 of funds raised by the Trump family's crypto project World Liberty Financial came from illicit sources. However, WLFI's token sales reached a staggering $550 million, representing only 0.0018% of the total. This is akin to Warren claiming to be Native American, but tests revealing she only has 0.195% Native American ancestry.

ZachXBT added that he does not hold WLFI tokens nor participated in the token sale, pointing out that the problem stems from regulators' attempt to attack the crypto industry using flimsy "illegal funding allegations." He added that if the crackdown on WLFI succeeds, Hyperliquid may be next.