World Liberty Financial (WLFI) blacklists Justin Sun's address... freezes about 3 billion tokens
JH Kim
Summary
- World Liberty Financial (WLFI) said it put Justin Sun's address on a blacklist and froze about 3 billion tokens.
- It said the frozen tokens consisted of 540 million unlocked tokens and 2.4 billion locked tokens.
- WLFI claimed that an exchange secretly sold users' tokens, causing a price decline.
On the 4th (local time), according to crypto media BeInCrypto, World Liberty Financial (WLFI) placed TRON (TRX) founder Justin Sun's address on a blacklist and froze about 3 billion tokens.
The frozen tokens consisted of 540 million unlocked tokens and 2.4 billion locked tokens. WLFI claimed that an exchange was secretly selling users' tokens and causing the price to fall.
Crypto asset analysis firm Arkham analyzed that Justin Sun's transfer of WLFI worth about $9 million was the direct background for this blacklist action.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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