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WLFI Token Faces Price Manipulation Allegations as Team Blacklists Hundreds of Addresses
WLFI Token Faces Price Manipulation Allegations as Team Blacklists Hundreds of Addresses
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BTCCSquare news:
World Liberty’s WLFI token has come under scrutiny following sharp volatility and allegations of market manipulation. Ryan Fang, Growth Lead at WLFI, suggested that large holders and centralized exchanges may have influenced price action by moving tokens to high-liquidity venues for coordinated selling or shorting. The token plunged to $0.1611 amid suspicious trading activity, prompting the team to blacklist 272 addresses—including one linked to controversial figure Justin Sun.
No direct evidence has been presented, but the aggressive response highlights growing tensions around token integrity. The crackdown reflects broader industry challenges in balancing decentralization with protection against bad actors.
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