WLFI faces backlash after ‘team wallets’ push through USD1 growth proposal

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WLFI faces backlash after a governance vote where top wallets controlled nearly 60% of the voting power, raising concerns about insider influence and locked holders' inability to participate.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The top nine wallets controlled nearly 60% of voting power in WLFI’s USD1 governance vote, raising questions about insider influence as locked holders were unable to participate.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 20, 2026.
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