Are you going to fall out with Trump? Justin Sun dumps, address has been blocked!

September 5, 2025

As the saying goes, when Justin Sun smiles, life and death are unpredictable~ I have warned multiple times about the risks of $WLFI (just now, $WLFI officially issued tokens, congratulations to Trump for making billions again! Uncovering $WLFI: the latest corruption!) This time, the high-profile Trump family probably didn’t expect that Justin Sun would play people for suckers! The incident began when Justin Sun's wallet transferred about $9 million WLFI tokens to the HTX exchange in a short period. Subsequently, the WLFI team quickly took action and froze that address. According to public data, the scale of assets involved in this action is not small: about 540 million unlocked WLFI and 2.4 billion WLFI still locked, all locked and unable to be transferred. Just a few days ago, Justin Sun tweeted that there were no plans to sell the unlocked $WLFI tokens in the near future, stating that the long-term vision of this project is too powerful, and he fully agrees with this mission. In response to this incident, Justin Sun quickly made a statement on X (formerly Twitter). His main points included: this is a small-scale recharge test aimed at dispersing funds to different addresses; it did not involve buying or selling operations and will not have a substantial impact on the market; he emphasized his long-term support for WLFI and promised that "there are no plans to sell unlocked tokens in the short term." In simple terms, Justin Sun wants the outside world to believe: this is just a routine operation and should not be overinterpreted. Whether to believe it or not depends on you~ The market reacted quickly: after the news was released, the price of WLFI tokens corrected, and traders were worried about the selling pressure risk brought by the large funds being transferred. At the same time, there were stronger concerns in the market regarding the governance mechanism of the WLFI project and the use of blacklist permissions. After all, once the project party can freely freeze addresses, it means they have the ability to "intervene in the market at any time." The World Liberty Finance, which claims to overturn traditional finance and has the personal support of Trump, has exposed a lot of its own issues in this incident: the boundary of the project party's permissions: the blacklist mechanism was originally for security considerations, but if used to restrict specific users, it will affect the market's trust in the spirit of decentralization. The trust gap between large holders and retail investors: when token distribution is too concentrated, any action by a large holder will amplify market volatility and retail anxiety. Transparency of token governance: after the incident, the market urgently needs the WLFI team to provide clearer explanations: what is the freezing logic? Is there any secondary intervention? In other words, the incident itself may be "a false alarm," but it reminds everyone: $WLFI is not a serious decentralized blockchain project, but a centralized money-making tool of the Trump family. The project party can really do whatever they want!