DeFi Technologies Inc. has hit back at a report by CoinSnacks that it claims is "defamatory" and "misleading". The report suggested that the company's stock wasn't rallying for the right reasons, leading to a 28% drop in share price. CoinSnacks alleged that DeFi Technologies had launched "questionable email campaigns" and paid crypto influencers to promote the stock. DeFi Technologies has denied the allegations and suggested that the report was commissioned by short-sellers to deliberately lower the stock price. CoinSnacks has denied these claims.