Blockchain expert ZachXBT has refuted claims by Senate Banking Committee Ranking Democrat Elizabeth Warren that $10,000 of World Liberty Financial's (WLFI) fundraising involved illegal funds. According to ZachXBT, this amount constitutes only 0.0018% of WLFI's total $550 million token sales. He criticized the allegations as an attempt by regulators to undermine the crypto industry with weak accusations. ZachXBT, who clarified he has no financial ties to WLFI, compared Warren's claim to her previous assertions about her Native American ancestry, which DNA tests showed to be minimal. He warned that if the crackdown on WLFI is successful, other crypto projects like Hyperliquid could face similar scrutiny.