Search results for "PORT"

Aqua1 denies association with Web3port: the team operates independently, Dave Lee joined as co-founder and CEO in April.

PANews, July 15th news, Aqua1 Foundation issued a statement in response to recent rumors about its team and operations. The statement said that Dave Lee joined Aqua1 as a co-founder and CEO in April 2025, and is highly aligned with the team's long-term vision. Aqua1 emphasized its independent operation, with no equity, financial, or operational ties to any unrelated entities. The team is collaborating with institutions in the Middle East to advance projects, but some details have not been disclosed due to Compliance requirements. According to previous news, Aqua invested 100 million USD in WLFI governance tokens.
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Previously, the $100 million investment in the WLFI governance token Aqua 1 was reported to be associated with Web3port.

PANews July 15 news, the funding source of the Trump-supported Decentralized Finance project World Liberty Financial (WLFI) has raised doubts. Previously, a mysterious donor named "Aqua 1" announced it would provide $100 million to the project, claiming it was from the UAE. However, the latest investigation found that "Aqua 1" is actually a shell company related to the controversial firm Web3port. Web3port is a market maker that was banned by multiple decentralized exchanges in 2023 for suspected market manipulation. Its founder "Dave Lee" is active online only with an anime avatar, and his true identity remains a mystery. Additionally, "Aqua 1" is not registered in the UAE and has not disclosed any responsible personnel information. Although the funds were advertised for "digital freedom infrastructure," they were actually transferred through opaque wallets and offshore accounts.
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Analysis: If WLFI's first day FDV reaches $13 billion, the return rate for public sale participants will be as high as 867%.

BlockBeats news, on July 7, according to on-chain analyst Ai Yi (@ai9684xtpa), the cost situation of the Trump family's encryption project WLFI Token sale is as follows: Institutional cost: A total of 5 institutions (Tron DAO / Web3Port / Oddiyana Ventures / DWF Labs / Aqua1 Fund) participated in the strategic round of financing, investing at least $210 million; among the known costs of the institutions, DWF Labs is 2 times the cost of Web3Port. Public sale cost: From January to March 2025, a total of $550 million was raised in two rounds of public fundraising: The first round raised $300 million, with a cost of $0.015, which is the lowest among the currently disclosed costs; the second round raised $250 million.
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Kaito announces the early termination of its market-making partnership with Web3Port.

According to Gate.io News bot, Kaito, a crypto assets market maker, disclosed details of its cooperation with Web3Port. Kaito signed a market-making agreement with Web3Port on February 17, but unilaterally decided to terminate the partnership on February 27. The reason for termination was that Kaito believed Web3Port's actual execution direction was inconsistent with the initial agreement. It is noteworthy that this termination of cooperation occurred before Web3Port faced negative reports and investigations from exchanges in March.
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American dock workers and port employers will resume negotiations next week

Golden Ten Data on January 2, according to a person familiar with the negotiations, the leader of a dock workers' union in the United States and the organization representing its employer will resume contract negotiations on January 7 because the threat of a strike is looming. Next Tuesday's negotiations are a positive sign in the face of a mid-January deadline to reach a protocol, which is good news for importers and exporters as they prepare to deal with labor disruptions. Labor disruptions will result in the closure of all major ports in the eastern U.S. and the Gulf Coast. The American Association of Port
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