WLFI Freezes 272 Wallets & Justin Sun Throws a Fit: What Happens Next?

by

Key Takeaways

WLFI says it only shackled wallets they labeled ‘high-risk’-all in the name of protecting you, dear user (and maybe their own skin too). Meanwhile, Justin Sun’s dangling promise to buy $10 million of WLFI has traders twiddling their thumbs and praying for magic. 💸

Well now, it appears World Liberty Financial (WLFI)-proudly backed by a certain family with more Twitter followers than common sense-has answered the chorus of angry investors and Tron’s illustrious founder, Justin Sun. The rumors about iced wallets turned out to be about as true as a riverboat gambler’s lucky hat.

WLFI tipped its hat and admitted, “Yep, we put up fences around 272 wallets.” Why? “For your protection,” they claim. ‘High-risk’ was the word tossed around like chicken feed, though the nature of these risks would make Sherlock Holmes squint.

“We do not seek to blacklist anyone…WLFI only intervenes to protect users, never to silence normal activity. We respond when alerted to malicious or high-risk activity that could harm community members.”

Justin Sun’s Wild Ride 🚀

Not yester-morning, Mr. Sun himself took to X, flapped his arms wide, and said WLFI froze his gold after “deposit tests.” Folks, when billionaires start testing deposits, sensible people start counting spoons.

WLFI reckoned these tests were as fishy as a cat in the pantry-a suspected catalyst for a token dump right after public trading kicked off. 🤷‍♂️

Lo and behold, dozens more wallets were blacklisted. If you believe WLFI, 79% of these belonged to phishing attempts. If you believe Twitter, everyone is innocent and just wants their candy back.

WLFI, ever the Good Samaritan, told victims to send over their details for swifter review. As you’d guess, tech support was about as fast as a tortoise on a nap.

One distressed soul, Bruno Skvorc, cried foul after his funds remained locked up tighter than Fort Knox, even after he sent a letter, a carrier pigeon, and possibly a singing telegram. 🐦📬

As the dust fell where it may, the WLFI token tumbled about 14% these past seven days-which, in crypto time, is just another Tuesday.

Binance’s top traders looked about as excited as a hen in June. That is, market positioning was neutral. Even after all the hullabaloo about scams and phishing, the price can’t seem to make up its mind. 🧐

Curiously enough, Open Interest (OI) perked up during an attempted weekend resurrection. After nosediving from almost $1B to $780 million, the OI rose up to $900 million. Seems a few brave souls are betting on a comeback-with the optimism of a gambler down to his last quarter.

This tiny uptick in speculation was spurred by Sun’s latest declaration to gobble up $10 million in WLFI, following the grand clarifications and finger-pointing. The peanut gallery awaits the next twist. 🍿

“We believe U.S.-listed crypto stocks are an undervalued opportunity. I will market buy $10 million worth of ALTS and $10 million worth of WLFI.”

If you’re hoping for a Hollywood happy ending, just remember: in crypto-there are more U-turns than a steamboat race! 😆

Read More

2025-09-06 14:57