It feels like I've been spending the recent days eating melons. By the way, everyone knows about the conflict between Brother Sun and the WLFI @worldlibertyfi project, right? I also went to understand a bit about it.
Arguing is one thing, making a scene is another, just don't FUD my wallet!!!
Let's take a look at what's going on?
It can be understood that the dispute between Sun Yuchen and WLFI started in September 2025 and still hasn't been resolved.
At first, the relationship between the two parties was good: from early 2024 to 2025, Sun Yuchen invested a total of 75 million USD, becoming the largest external investor in WLFI and also serving as an advisor, with close cooperation between both sides.
The turning point came after the WLFI token was listed and unlocked in September 2025, when Sun Yuchen's associated wallet transferred about 50 million WLFI (worth 9 million USD) to the HTX exchange.
The project team immediately froze about 590 million tokens (worth over 100 million USD at that time) using the blacklist function, and Sun Yuchen claimed he was just testing the address, not dumping, and accused the project team of hiding backdoors in the contract, not publicly disclosing it, which violates the principles of decentralization.
He claims to be the biggest victim, with losses of 60 to 70 million USD, and demands immediate unfreezing.
However, as a project advisor and the largest investor, making such moves right after the token was listed and at a time when market sentiment was most vulnerable, regardless of the original intention, objectively conveyed a negative signal to the market, easily leading to misunderstandings.
The WLFI project team also takes a hard stance, believing this is reasonable risk control to prevent large holders from dumping and harming ordinary users.
They said there are contracts and evidence, and they will see each other in court, while also accusing Sun Yuchen of playing the victim narrative again. As of now, Sun Yuchen's wallet is still frozen, and the two sides publicly clashed again on X on April 12, with no easing of tensions.
As a core figure in the project, transferring large amounts of tokens at a sensitive time, regardless of what he originally intended to do, has indeed caused panic in the market and brought risks to ordinary investors.
Although WLFI used an unpublished blacklist function, some feel it is not decentralized enough, but at a particularly fragile time in the market, their intention to control risks and protect ordinary token holders is understandable.
Ultimately, there is no absolute right or wrong in this matter; Sun Yuchen wants to protect his assets, WLFI wants to protect the community, and in the end, who is right will depend on the contract, on-chain records, and how the law judges it. As bystanders, let's not guess randomly or spread rumors, just wait to see the outcome! $WLFI
Arguing is one thing, making a scene is another, just don't FUD my wallet!!!
Let's take a look at what's going on?
It can be understood that the dispute between Sun Yuchen and WLFI started in September 2025 and still hasn't been resolved.
At first, the relationship between the two parties was good: from early 2024 to 2025, Sun Yuchen invested a total of 75 million USD, becoming the largest external investor in WLFI and also serving as an advisor, with close cooperation between both sides.
The turning point came after the WLFI token was listed and unlocked in September 2025, when Sun Yuchen's associated wallet transferred about 50 million WLFI (worth 9 million USD) to the HTX exchange.
The project team immediately froze about 590 million tokens (worth over 100 million USD at that time) using the blacklist function, and Sun Yuchen claimed he was just testing the address, not dumping, and accused the project team of hiding backdoors in the contract, not publicly disclosing it, which violates the principles of decentralization.
He claims to be the biggest victim, with losses of 60 to 70 million USD, and demands immediate unfreezing.
However, as a project advisor and the largest investor, making such moves right after the token was listed and at a time when market sentiment was most vulnerable, regardless of the original intention, objectively conveyed a negative signal to the market, easily leading to misunderstandings.
The WLFI project team also takes a hard stance, believing this is reasonable risk control to prevent large holders from dumping and harming ordinary users.
They said there are contracts and evidence, and they will see each other in court, while also accusing Sun Yuchen of playing the victim narrative again. As of now, Sun Yuchen's wallet is still frozen, and the two sides publicly clashed again on X on April 12, with no easing of tensions.
As a core figure in the project, transferring large amounts of tokens at a sensitive time, regardless of what he originally intended to do, has indeed caused panic in the market and brought risks to ordinary investors.
Although WLFI used an unpublished blacklist function, some feel it is not decentralized enough, but at a particularly fragile time in the market, their intention to control risks and protect ordinary token holders is understandable.
Ultimately, there is no absolute right or wrong in this matter; Sun Yuchen wants to protect his assets, WLFI wants to protect the community, and in the end, who is right will depend on the contract, on-chain records, and how the law judges it. As bystanders, let's not guess randomly or spread rumors, just wait to see the outcome! $WLFI