World Liberty Financial (WLFI) has decided to blacklist Justin Sun's address, leading to a freezing of $540 million in assets and $2.4 billion in locked tokens.
Asset Freezing
World Liberty Financial has blacklisted Justin Sun's address, resulting in the freezing of $540 million worth of tokens, along with $2.4 billion in locked assets. This decision has sparked considerable discussion within the crypto community.
Transfer of WLFI Tokens
According to on-chain data, over the past 32 hours, the cryptocurrency exchange HTX transferred approximately 60,000,000 WLFI tokens to Binance deposit address 0xf387D7…29FcB5. This action raised suspicions of potential token manipulation.
Justin Sun's Response
In response to the situation, Justin Sun stated: "Our address only made a few small deposits to the exchange, followed by some address splits. No trading was done, and this couldn't have had any impact on the market."
The issue of blacklisting Justin Sun's address and freezing of assets raises questions about the transparency and stability of WLFI tokens, which may have long-term implications for market participants.
