World Liberty Financial (WLFI) made a surprising move by acquiring $3 million worth of EOS tokens, causing the community to react with suspicion. The price of EOS has surged by over 9% following the purchase.

Comparisons were drawn to WLFI's previous alleged sale of Ethereum at a low price. Despite the unusual nature of the recent EOS deal, there is currently no proof of misconduct or insider trading.

World Liberty Financial, associated with President Trump and involved in various cryptocurrency projects, has attracted controversy. The firm faced significant unrealized losses in its portfolio but went ahead with the substantial EOS purchase. This move sparked skepticism and speculation of market manipulation within the community.

Some questioned the rationale behind investing heavily in EOS, a token that has shown limited growth in recent years. WLFI's previous experience with Ethereum, where it incurred substantial losses, added to the skepticism surrounding its investment decisions. However, there is no definitive evidence of any wrongdoing by WLFI.

The community will monitor the situation closely to see how it unfolds in the future.