World Liberty Says It Didn't Sell Ether, Disproving Arkham Reports

World Liberty Claims No Ether Sale, Denies Arkham Report

A WLFI spokesman says the project has not implemented any of its shares.

Oliver Knight Updated April 11, 2025, 3:19 PM Published April 11, 2025, 7:07 AM

Key points:

• The project denies information about the sale of ETH or any of its other assets.
• The company is still posting nine-figure losses after buying a number of assets in the past six months.

World Liberty Financial, a DeFi project backed by the family of US President Donald Trump, denied rumors of selling ether (ETH) earlier this week.

On Wednesday, it was revealed that a wallet closely associated with World Liberty Financial, and believed to be owned by the project according to information from the Arkham blockchain company, sold $8 million worth of ether, exceeding the $125 million unrealized loss.

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A World Liberty Financial spokesperson told CoinDesk: “Claims that World Liberty Financial has sold any of its holdings are absolutely false. WLFI has not sold any positions as currently claimed. Suggestions to the contrary are false.”

Since then, Ether has risen to $1,465 and is currently trading at $1,553 after a brief period of relief in crypto markets on Wednesday.

Donald Trump's son Eric said February was a “great time to buy” ETH when the price was $2,880.

Arkham did not respond to CoinDesk's request for comment on the matter.

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