Everyone, today let's have a magical gossip: Tron’s Sun Yuchen, the marketing genius who once spent 30 million to have dinner with Buffett, has actually been 'banned' by the crypto project WLFI (World Liberty Financial) backed by the Trump family!
Simply put, it was just after Boss Sun invested 75 million USD in WLFI (publicly stating he would invest another 10 million), the project party directly blacklisted his wallet address, and the tokens worth 100 million USD were instantly frozen—visible but immovable, worse than frozen fish in a refrigerator.
1. 'Epic support' in exchange for 'permanent blacklisting'? The plot is even more dramatic than a soap opera.
This matter needs to be unraveled from the beginning. The WLFI project is no small matter, backed by the Trump family and making a high-profile listing this September. Sun Yuchen was not only an early financier (investing $75 million), but also served as an advisor, even being invited to Trump’s dinner as a guest.
So what happened? The project launched and immediately broke its initial price, dropping from $0.32 to $0.18, causing a frenzy among investors. At this time, on-chain data captured Sun Boss transferring 50 million WLFI tokens (about $9 million), prompting the project team to take immediate action: blacklist activated! Without waiting for an explanation, they directly froze 545 million tokens (worth $100 million) in his address plus an additional 2.4 billion locked tokens.
Sun Yuchen claims he was just 'testing a recharge' and didn't cause a crash; the project team says 'not targeting individuals', but their actions are swift and ruthless—'The financier becomes the meat on the chopping board', a plot even Game of Thrones wouldn't dare to portray.
Two, Centralization Slapping Decentralization: Blacklist Authority = Ultimate 'God Mode'.
The most ironic part is that WLFI claims to be 'Free Finance', yet can easily freeze user assets. This operation completely tore away the project's 'decentralization' facade.
The community has split into two factions:
Supporters: Praise the project team for protecting retail investors and preventing whale sell-offs;
The awakening faction: today they can freeze Sun Yuchen, tomorrow they can freeze anyone; the so-called 'private property is sacred and inviolable' has become a joke.
Even more fantastical, before WLFI's launch, they suddenly changed the circulating supply from an expected 5 billion tokens to 25 billion tokens, leaving the market completely bewildered. While the project team shouts freedom, they hold 'God Mode' in their hands, reminiscent of a casino owner who can change the rules at any time.
Three, Boss Sun's 'Rights Protection' Persona: Innocent or a Clever Escape?
Sun Yuchen reacted quickly, starting 'Rights Protection Mode' on platform X, emphasizing his innocence and demanding the unfreezing of assets. However, market rumors suggest it's not that simple: some question whether he used his exchange HTX to attract high-interest deposits, then offloaded the assets, playing a 'hidden trick'.
Even though AI analysis cleared him of wrongdoing (claiming the price drop occurred before his transfer), the 'test transfer' of 50 million tokens is a significant amount that would make ordinary users shudder.
Four, Revelations from the Cryptocurrency World: Behind High Returns Lies the Pitfall of Human Nature.
As an old investor, Cat Sister summarizes a few lessons:
'Big Shot Endorsement' is roughly equivalent to a 'High-Risk Signal'. With the dual halos of the Trump family and Sun Yuchen, the project still crashed upon listing; the lack of transparency in token distribution is the real minefield.
The blacklist function is a double-edged sword: the project team has the power to freeze assets, meaning it is more centralized than a bank; such projects are directly placed on the blacklist.
Regulators have long sharpened their swords: the US SEC established a cross-border anti-fraud team this year, specifically naming stablecoin risks; operations like WLFI's will sooner or later be scrutinized.
Sun Yuchen's situation is reminiscent of buying a VIP ticket only to be locked in a small black room. But there are no true innocent victims in the crypto world—big shots cut each other, while retail investors foot the bill; it's always the law of the jungle.
The only certainty is: when you see the words 'Trump', 'Sun Yuchen', and 'High Returns' together, run fast! In this day and age, black and red are still colors, but your wallet isn't a box office.
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