Just saw Jack Kong from Nano Labs calling out some wild rumor making rounds on X. Apparently there's been chatter about a secret $500M investment from Abu Dhabi royalty trying to grab 49% of WLFI Company. Sounds like the kind of thing that spreads fast in these circles lol.

But he's officially shutting it down - says the whole thing is false. The rumor apparently came from some insider initially, but yeah, not happening. It's one of those situations where misinformation just takes on a life of its own before anyone can fact-check it.

Always interesting to see how these rumors pop up and then get debunked just as quickly. Makes you wonder where half this stuff even comes from sometimes.