Recently, Nano Labs CEO Jack Kong announced via the X platform that claims about a secret $500 million investment by a member of the Abu Dhabi royal family in WLFI are false. This financial deal, which was supposedly intended to acquire a 49% stake in the company, initially emerged from internal sources but has now been officially denied. Kong emphasizes that reports of a potential investment from an Abu Dhabi official are inaccurate. This publicly issued denial is considered a significant step to correct misinformation and prevent the consequences that could arise from these unfounded rumors about a supposed transaction between Abu Dhabi investors and WLFI.

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