Justin Sun’s WLFI Holdings Frozen Amid Controversy
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BTCCSquare news:
World Liberty Financial (WLFI) triggered market turmoil on September 4, 2025, by freezing a wallet linked to Justin SUN after it moved $9 million in tokens. The freeze extended to 500 million unlocked and 2.4 billion locked WLFI tokens—exposing the project’s centralized controls despite branding itself as a decentralized liquidity hub.
Sun, an early investor with ties to Eric TRUMP and developer Michael Hoenig, publicly denounced the action on X. His statement emphasized contributions of "capital, trust, and support" while decrying the freeze as unreasonable. The incident reignites debates about Sun’s polarizing role in crypto, where his influence often bridges opportunity and controversy.
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