Justin Sun, founder of Tron and an advisor for HTX, is demanding the immediate unfreezing of his WLFI tokens from the Trump-backed project, World Liberty Financial. Sun's crypto address was blacklisted on Thursday, and he's not taking it quietly.
In a public statement, Sun pleaded his innocence, arguing that he bought the tokens just like any other investor and that his rights to these "sacred" digital assets should be respected. He's calling on the World Liberty Financial team to "unlock my tokens," warning that such unilateral actions undermine the core principles of trust and fairness that are supposed to make blockchain superior to traditional finance.
This dramatic move came just hours after a wallet labeled as Justin Sun's sent 50 million WLFI, worth approximately $9 million, to an HTX hot wallet. This transfer, along with on-chain data showing HTX moving millions of WLFI to Binance, has fueled accusations of a sell-off and created significant downward pressure on the token's price.
The WLFI token has already seen a steep drop, with its value plunging sharply amid a surge in exchange deposits. The project has yet to comment on its decision to blacklist Sun's address.
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