World Liberty Financial "Blacklist action, response to protect users"

Suehyeon Lee

Summary

World Liberty Financial said its action to place some wallet addresses on a blacklist was a temporary response to protect users and prevent damage.
Of the 272 blacklisted wallets, about 79% were addresses related to phishing attacks, and it said it cooperated with legitimate owners to block hackers' fund transfers.
World Liberty Financial emphasized there are no restrictions on normal market participants and that it does not block accounts arbitrarily.

The DeFi project World Liberty Financial (WLFI), led by the Trump family, has issued an official statement regarding its recent designation of some wallet addresses to a blacklist.

On the 6th (local time), World Liberty Financial said on X, "In recent days a total of 272 wallets have been placed on a blacklist, which represents only a small fraction of total holders. This action is a temporary measure to prevent damage and to support affected users during the investigation," it explained.

Specifically, of the 272, 215 cases (about 79%) were addresses related to phishing attacks, and to prevent hackers from transferring funds it cooperated with legitimate owners to protect assets and process transfers. Also, 50 (about 18%) were designated to the blacklist at the owner's request after reporting theft.

World Liberty Financial also emphasized that "no account is blocked arbitrarily" and that there are no restrictions on normal market participants.

WLFI