Key Takeaways:
WLFI sold 5.9 billion tokens privately without disclosing buyers, sending the token to an all-time low. Early investors who bought WLFI at $0.05 remain locked out of 80% of their holdings as of May 2026. WLFI is pushing a 62 billion token unlock vote, raising concerns it benefits insiders over early backers. Private Sales, Locked Investors, and a Record LowFor early investors, the revelations landed harshly because those who bought WLFI tokens at prices as low as $0.05 during the public rounds are currently locked out of selling 80% of their holdings. The private buyers, meanwhile, received tokens through a separate channel under terms not disclosed to the broader investor base. WLFI sank to an all-time low on the news, with the token collapsing as retail holders absorbed the dilution.
The project has confirmed that the private sales took place, but has not addressed the lack of disclosure to existing investors.
