Sun Yuchen demands WLFI disclose the identity of the multi-signature wallet and contract EOA account controllers, claiming investors have the right to know.

ME News Report, April 13 (UTC+8), Sun Yuchen tweeted that he called on WLFI to publicly disclose the management of WLFI’s smart contract EOA accounts and the true identities of the 3/5 multi-signature wallet controllers. He stated that only this individual has the unilateral power to freeze assets held by any token holder. Although withdrawing these assets requires a multi-signature vote with 3 out of 5 approvals, freezing only requires one signature. “Let me clarify what this architecture means: community governance and voting are meaningless. Every proposal, every vote, every claim about decentralized decision-making is just a show. Real power: freezing assets, transferring funds, controlling the protocol, is held by an anonymous EOA and a 3-out-of-5 multi-signature mechanism that is unaccountable to anyone. The entire governance framework has been hollowed out from within.” (Source: Foresight News)