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Bitcoin Price Falls as WLFI Faces North Korea Sanctions Allegations
Bitcoin is sliding today, dipping back toward the $116K level after the initial Fed-driven optimism cooled off. Traders are reassessing global monetary policy signals, especially hawkish tones from central banks like the Bank of Japan, while profit-taking at key resistance levels adds to the pressure. We’ll break down whether this is just a healthy correction or the start of something bigger, and what the latest macro shifts mean for crypto heading into Q4.
At the same time, Trump-linked World Liberty Financial (WLFI) is facing serious allegations after a watchdog report tied token sales to wallets connected with North Korea’s Lazarus Group, Iranian traders, and sanctioned laundering tools. WLFI has scrambled to blacklist hundreds of wallets, but questions around compliance, credibility, and decentralization are now front and center. We’ll unpack the details, the market reaction, and what these developments signal for both Bitcoin and the broader crypto space.
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