On June 7, PANews reported that Ogle, an advisor to the Trump family's crypto project WLFI, clarified in a post on platform X that the reason for being hated by so many people is due to shorting Celsius a few years ago, hence this clarification:
- WLFI and the Meme coin TRUMP are independent projects, which should be clear by now;
- I am a long-time supporter of the TRUMP team. They are very reliable and will do cool things;
- There has been no insider trading information in the past or present. In fact, the trades pointed out occurred after the drama between Trump and Musk, due to holding a large position in TRUMP tokens;
- If there is indeed insider information, I will not trade for ethical reasons, even without other reasons. In the past, there have been similar experiences of choosing not to trade due to having information, and there is ample record of this.
Previously, Ogle claimed that the Meme coin TRUMP and WLFI are independent of each other and have no connection.