🚨 WLFI Internal Crisis – Justin Sun Accuses Trump-Linked Project of Backdoor Token Control
Justin Sun has publicly accused World Liberty Financial (WLFI) — a DeFi project linked to the Trump circle — despite being an early investor himself. The accusation comes at one of WLFI’s weakest moments since launch.
According to Sun, WLFI secretly embedded a blacklist function in its smart contract without disclosing it to investors. This “backdoor” allegedly allows the team to freeze or even seize tokens unilaterally.
Sun claims he was the first victim, saying his WLFI wallet has been blacklisted since 2025.
These allegations surfaced while WLFI is facing a major confidence crisis:
• WLFI token hit an all-time low of $0.07967 • Arkham reported the team used ~$406M WLFI as collateral across 2 wallets to borrow 150M USDC on Dolomite • WLFI had to repay $25M debt in early April to ease market concerns • Potential conflict of interest: Corey Caplan (Dolomite co-founder) is also an official advisor to WLFI • WLFI quietly removed all Trump-related information from its website today
Many details are still unverified, but with continuous drama unfolding, the project is clearly under serious pressure.
U.S. Vice President JD Vance said that after 21 hours of negotiations with Iran, no agreement has been reached, as Iran rejected the proposed terms.
This marks the third round of talks, yet both sides still fail to find common ground. BTC immediately dropped below $71.5K following the news.
Iranian media confirmed that a fourth round of negotiations is scheduled for Sunday, April 12, in Islamabad, Pakistan, though the U.S. has not officially confirmed this.
This was the first direct meeting between the U.S. and Iran in over a decade, and the highest-level talks since 1979.
The outcome of these negotiations could determine the fate of the fragile two-week ceasefire and the reopening of the Strait of Hormuz. The conflict has already pushed global oil prices higher and caused significant casualties.
Pakistani media later reported that the U.S. delegation chose not to continue negotiations. Despite Pakistan’s efforts to persuade them to stay, the delegation left the country without reaching any agreement.
Since the ceasefire news was announced, around $2.7B in $BTC buy volume has appeared on the Binance perpetual futures market.
The ceasefire also includes the reopening of the Strait of Hormuz, which temporarily helps ease rising economic and trade tensions.
This news quickly triggered reactions across multiple markets, with Bitcoin seeing a rapid inflow of liquidity into Binance perps.
While this is positive data, traders should still remain cautious. Capital flowing into the perps market is often short-term and highly volatile, unlike the spot market, which tends to be more stable and sustainable.
🇺🇸 US Congressman Calls for Probe Into Suspicious Oil Trades
U.S. Congressman Ritchie Torres has asked the SEC and CFTC to investigate unusual oil futures trades made just before President Trump announced a delay in attacks on Iran.
About $500M in Brent and WTI futures were reportedly sold 15 minutes before the announcement, triggering concerns about possible insider trading.
After Trump’s statement pausing the strike, oil prices plunged nearly 15% within minutes, causing major market volatility.
Torres questioned how a trader could place such a large bet shortly before a market-moving announcement without hedging.
SEC declined to comment, while CFTC has not responded yet.
🚨 Quantum concerns aren’t new. Satoshi Nakamoto had already wrote in the possibility back in 2010 with the assumption that Bitcoin could transition to stronger cryptography over time. I do not see any reason to panick