Blacklisting a wallet is like swatting a fly with a sledgehammer. It’s symbolic, sure, but what’s the actual impact on the WLFI token’s long-term viability? My guess? Not much.
coinfeeds-bot on
tldr; World Liberty Financial has blacklisted Justin Sun’s wallet, freezing 3 billion WLFI tokens worth nearly $900 million. The move follows allegations that an exchange used user tokens to suppress WLFI’s price. Sun, WLFI’s largest outside investor, had publicly stated he wouldn’t sell his unlocked tokens. The incident raises concerns about governance and tokenholder rights in WLFI’s politically charged crypto launch, while regulators may scrutinize Sun’s involvement amid ongoing legal disputes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Snizzysnootz on
Sorry for anyone that bought this scam
Anon2o on
Did they get pissed Justin was going to dump before insiders had the chance?
Ikki_The_Phoenix on
That’s going to be a fun coffeezilla episode.. looking forward to watching it..
GreedVault on
Now that I think about it, there is no benefit for him in going against the Trump family, and he wouldnt jeopardise his relationship with the First Family for such a small, pathetic amount of money.
Consider this: CZ, SBF, SZ, and DK all went in, yet he is the only one among them who remains clean. Maybe the truth isnt what the mainstream narrative is trying to tell us.
rei1004 on
Is it even legal to freeze someone’s account because he withdraws a huge amount after profit? Isn’t that what we all want to achieve from investing in cryptos? 🤔
dino-delicious on
The battle of the grifters.
dino-delicious on
That’s the problem with grifting, other grifters want to grift your grift.
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Blacklisting a wallet is like swatting a fly with a sledgehammer. It’s symbolic, sure, but what’s the actual impact on the WLFI token’s long-term viability? My guess? Not much.
tldr; World Liberty Financial has blacklisted Justin Sun’s wallet, freezing 3 billion WLFI tokens worth nearly $900 million. The move follows allegations that an exchange used user tokens to suppress WLFI’s price. Sun, WLFI’s largest outside investor, had publicly stated he wouldn’t sell his unlocked tokens. The incident raises concerns about governance and tokenholder rights in WLFI’s politically charged crypto launch, while regulators may scrutinize Sun’s involvement amid ongoing legal disputes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Sorry for anyone that bought this scam
Did they get pissed Justin was going to dump before insiders had the chance?
That’s going to be a fun coffeezilla episode.. looking forward to watching it..
Now that I think about it, there is no benefit for him in going against the Trump family, and he wouldnt jeopardise his relationship with the First Family for such a small, pathetic amount of money.
Consider this: CZ, SBF, SZ, and DK all went in, yet he is the only one among them who remains clean. Maybe the truth isnt what the mainstream narrative is trying to tell us.
Is it even legal to freeze someone’s account because he withdraws a huge amount after profit? Isn’t that what we all want to achieve from investing in cryptos? 🤔
The battle of the grifters.
That’s the problem with grifting, other grifters want to grift your grift.