World Liberty Financial (WLFI) He is defending his decision to freeze hundreds of wallets, including Tron found that of Justin Sun, saying that the movement was intended to protect users from commitments related to phishing, not to quell normal trade.
“WLFI only intervenes to protect users, to never silence normal activity,” the project wrote in X.
We have heard community concerns about recent black wallet lists. First transparency: WLFI only intervenes to protect users, to never silence normal activity. 🦅
– WLFI (@worldlibertyfi) September 5, 2025
Wlfi said earlier this week that 272 wallets were on the blacklist, with approximately 215 of those that are linked to a Phishing attack and 150 committed through support channels.
Justin Sun’s WLFI address froze on Friday, after several small transfers of “dispersion test” between their own wallets after claiming unlocked sheets in the launch, none of which were sales.
The outgoing transfers of the wallets labeled with sun made it seem that the renowned WLFI investor was selling their tokens, but the data of the chain paints a different image.
In a publication on X, the founder of Nansen, Alex Svanevik, said that SUN transfers did not coincide with the WLFI tokens decline timeline.
Nansen’s data show that Justin Sun transferred 50 million WLFI for a value of approximately $ 9.2 million on September 4 at 09:18 UTC, three to five hours after the most steep fall in the Token, which means that the transfer followed the accident instead of causing.
Nansen’s Ochain data show a WLFI transfer of $ 12 million HTX to Binance by a third -party market manufacturer.
The tokens were borrowed using HTX’s own capital as part of a routine rebalancing, but the measure occurred after WLFI’s stronger decreases and was too small to have moved the market, considering that WLFI has a daily negotiation volume of more than $ 700 million.
Once deposited in Binance, it is impossible to determine whether the tokens were sold or simply retained.
On the other hand, market participants point to a great cortero and spilling of WLFI through market manufacturers and commercial desks in several exchanges such as the true driver of the accident.
Ochain registers this view: a Bitgo afrak at Flowdesk marked by Nansen, coincided with the start of the WLFI slide and has become a key data point to explain the mass sale.
Meanwhile, WLFI’s decision to freeze funds linked to the clash triggered the nervous talk between whales, market manufacturers and other commercial desks that their tokens could freeze by Fiat Literal.
“If you can do it in the sun, who is next?” It is how a person familiar with conversations among the great market participants paraphrased him when he spoke with Coindesk.
WLFI is currently quoted for $ 0.18, according to Coingcko. It has not dropped 40% from the list.
