WLFI Investment Rumor Debunked: Abu Dhabi Royal Family Stake Claim Denied

HackerWhoCares · 2026-02-09T07:12:57+00:00

A false rumor claimed that a member of the Abu Dhabi royal family was set to invest $500 million in WLFI, acquiring a 49% stake. WLFI's CEO, Jack Kong, refuted this, stressing no transaction exists to clarify misinformation and maintain investor trust.

HackerWhoCares

2026-02-09 07:12:57

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An explosive claim circulating online about a massive investment in WLFI has turned out to be completely unfounded. The rumor, which originated from insider sources, suggested that a prominent member of the Abu Dhabi royal family was planning a secretive $500 million investment to acquire a 49% stake in WLFI Company. However, this fabricated account has now been formally refuted by company leadership.

The Rumor and Its Claims

The unfounded speculation alleged that the Abu Dhabi royal family was orchestrating a significant financial move through a covert investment channel. According to the rumors, the transaction would have granted the royal family member a substantial minority stake in WLFI, positioning them as a major stakeholder in the organization. The claim captured attention due to the high-profile nature of both the alleged investor and the considerable investment size involved.

Official Response and Clarification

Jack Kong, Chief Executive Officer of Nano Labs, took to social media platform X to formally dismiss these allegations. Kong’s statement categorically denied the investment rumors, emphasizing that no such transaction has taken place or is being negotiated. The CEO’s public intervention was necessary to counter the misinformation and restore clarity regarding WLFI’s actual ownership and financial partnerships.

The denial serves as a stark reminder of how rapidly unfounded rumors can spread within the cryptocurrency and investment sectors, potentially misleading stakeholders and affecting market sentiment. By addressing the rumor head-on through official channels, Nano Labs aims to prevent further speculation and maintain investor confidence.

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