DWF Labs Transfers 5 Million USDT to Suspected Milady Wallet Address

IconCryptoNewsTerminal Staff28 May, 2024

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DWF Labs Transfers 5 Million USDT to Suspected Milady Wallet Address

SpotOnchain reported via Twitter that "crypto market maker DWF Labs transferred 5 million USDT to a presumed Milady (LADYS) team address 15 minutes ago." The Milady crypto-asset project has been under scrutiny in recent weeks due to concerns over its legitimacy. Some analysts believe the project is a Ponzi scheme, while others believe it is a legitimate investment opportunity.