[DefiLlama Founder Questions the Authenticity of Figure's $12 Billion RWA Data] DefiLlama's anonymous founder, 0xngmi, posted that they faced both public and private pressure while investigating the authenticity of Figure's claimed on-chain RWA data. 0xngmi pointed out that Figure claims its on-chain RWA scale reaches $12 billion, but the investigation revealed anomalies in its on-chain assets and transaction data, including holding only a small amount of $BTC and $ETH, limited supply of the stablecoin YLDS, inconsistencies in RWA transaction accounts, and the fact that most loans are completed in fiat currency. DefiLlama has expressed doubts about the authenticity of Figure's data.