The Aqu1 Foundation stated that it operates independently in response to the report of the journalist Jacob Silverman, who suggested potential connections with the controversial web3port market producer. However, the Foundation has left several important unanswered questions. However, in the midst of all the drama, there are strong rumors that WLFI’s cryptographic token will go live for trading this week or the next.
On Monday, Silverman published his investigation, claiming to have found connections between the Aqu1 and Web3port Foundation through shared web staff and superimposed staff.
Fam!
Voices that connect aqua1, $ WLFI‘S $ 100 million, for the Chinese company forbidden web3port is swirling.
Aqua1 denies it, but shared the AWS footprints and past connections with Dave Lee (Aka David Jia Hua Li) keep the questions alive.
Crypto or Geopolitical Chess?
pic.twitter.com/izexshozhp
– Vanessa (@_0xvandessa) July 16, 2025
More twists and turns in Aqu1 / WLFI Crypto Drama as a journalist says that Dave Lee is affiliated to the market maker under fire
He observed that the founder of Aqua1, known as Dave Lee on X, is actually David Li, whose profile on the contact platform of contacts awareness lists him as a partner and senior project manager of Web3port.
The Aqua1 Foundation was subjected to examination in late June after purchasing governance token for a value of $ 100 million from World Liberty Financial, a cryptocurrency project supported by the former president of the United States Donald Trump and his family.
The investigation raised concerns about the fact that the entity in support of the President Difi of the President could have links with Web3port, a company accused of manipulating cryptocurrency prices.
Lee tried to distance web3port distances, claiming to have left his previous role in his “previous employer” because of “fundamental differences in vision and strategy”. However, he has not explicitly confirmed or denied to be David li or that Aqua1 has any link with web3port.
Silverman is a journalist known for his critical relationships on Trump and his connections with the cryptocurrency industry. Last week, he published an article on the nation entitled “Is there the greatest supporter of Trump’s cryptocurrency?” which raised doubts about the legitimacy of the Aqu1 Foundation, in particular after committing $ 100 million in WLFI Crypto.
Silverman reported that the public presence of Aqua1 mainly consists of a vagus website, with the accounts of social media suspended and a figure known only as “Dave Lee”. In a follow-up survey on his site, he discussed that Lee is David Li of Web3port, based on an analysis of the LinkedIn records and the appearances of past conferences.
I identified "Dave Lee" (@Leedave_aqua), the pseudonymous person behind Aqua 1 Foundation, who announced an agreement last month from $ 100 million with Trump’s World Liberty Financial. I think it is important to know who is paying the president of the United States.https: //t.co/6dipcpm54v
– Jacob Silverman (@silvermanjacob) 14 July 2025
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Aqua1 replies to Silverman: threatens the legal action
Following the publication of the report, Aqu1 issued a statement on X claiming that “it operates independently and has no equity, financial or operational bonds with any unrelated entity”. He warned that he would pursue legal action against any defamatory or facially incorrect report.
While the education seemed to deny the links with web3port, it did not mention the company by name and did not face if web3port qualifies as a related entity.
One of Silverman’s key results was that Aqu1 and Web3port shared the same IP address as the server, together with many other encryption domains. Initially, Aqua1 has ignored this point. However, when it is pressed on social media, Lee replied claiming that Aqua1 has “no link with other teams or entities”.
“The shared IP was simply due to transition hosting during the early stages. I brought the CTO and Core it member when I left,” Lee wrote on X.
“After many attempts to reach Dave, his colleagues and WLF, I received an E -mail last night,” Silverman said in an exchange of trapped messages. “He did not contain any denial or did not clarify the details of my relationships.”
Official declaration of aqua1
We noticed recent speculations online on Aqu1 and its team, which led to some public misunderstanding. To avoid the spread of disinformation, we would like to clarify the following:
Team background
Dave Lee has become part of Aqua1 as a co-founder …
– Aqu1 Foundation (@Aqu1fndn) July 15, 2025
In a screenshot of the email that Silverman received, Lee outlined the developments in progress in Stablecoin, resources of the real world and initiatives in the Middle East. The message stated that the specific details were subject to regulatory restrictions and conformities and could not be publicly disclosed right now.
“However, if there are specific points you want to clarify, we are happy to do our best to provide factual information and support accurate reports. We appreciate constructive dialogue and we are open to current involvement”, reads the email screenshot.
However, at no time during the exchanges back and forth between Lee and Silverman, did he face Lee if it is David himself affiliated to web3port.
WLFI Crypto is said to be live for trading very soon
Only 7 hours remain for the $ WLFI Governance vote to make the token negotiable.
Once approved, this will allow for the first time the trading of the public market.
Any in -depth analysis on when the initial exchange list could occur? pic.twitter.com/8bradv1sdl– Cryptoprofilers (@cryptoprofilers) July 16, 2025
Only a few hours remain for the governance vote put to WLFI cryptocurrency holders on the opportunity to make the token negotiable. It is currently 99.94% in favor of enabled the WLFI for trading and, once this vote has been completed, a date will probably be announced for the WLFI to be listing in the exchanges.
A list of Binance seems like a obvious conclusion, considering the close ties between World Liberty Financial, its Stablecoin USD1 and its being built on the BNB BNB intelligent chain. The close links between the two companies are transparent, so investors can expect a list on the greatest exchange of cryptocurrencies in the world on the first day.
Coinbase is a high profile exchange that may not list WLFI on the first day due to the current tensions between Binance and its co-founder, CZ and the World Liberty Financial Project. There are rumors that Coinbase has orchestrated a recent piece of success Bloomberg on WLFI Crypto and CZ, although the exchange has denied these statements.
However, apart from Coinbase, the traders can expect lists of a day for WLFI on Binance, Bybit, Okx and other high -level exchanges due to the Hype and the question that surrounds this token launch. Exchanges will want to guarantee their share of the alleged liquidity that will pour into WLFI at launch.
Keep an eye on the official social media channels of Liberty World Liberty for a date and time for when WLFI Crypto will go live for trading.
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