Justin Sun Challenges World Liberty Financial Token Freeze Amid Market Fallout
Justin Sun Challenges World Liberty Financial Token Freeze Amid Market Fallout

Justin Sun Challenges World Liberty Financial Token Freeze Amid Market Fallout

News summary

Justin Sun, founder of TRON and a major early investor in World Liberty Financial (WLFI), has publicly criticized WLFI for freezing his tokens, calling the move unreasonable and unfair to early investors. WLFI blacklisted Sun's wallet after detecting suspicious token transfers, which they claim were linked to attempts to suppress the token’s price, triggering a nearly 50% drop. Sun denies allegations of dumping tokens, asserting his transfers were minor deposit tests and emphasizing that all investors deserve equal rights and transparency in line with blockchain principles. Market analysis showed that the sharp WLFI price decline was primarily caused by a large token release from BitGo and subsequent redistribution by a market maker, not Sun’s transactions. The controversy has deeply divided the WLFI community, raising broader concerns about governance, investor rights, and trust within the project. Sun has urged WLFI to unlock his tokens and maintain fairness to protect investor confidence and support the project's long-term success.

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