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Justin Sun’s Frozen WLFI Holdings Lose $60M After September Blacklist


Justin Sun’s Frozen WLFI Holdings Lose $60M After September Blacklist

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Justin Sun's locked WLFI holdings have incurred a loss of approximately $60 million since September due to a blacklisting by World Liberty Financial. His wallet, containing around 545 million WLFI tokens, is frozen and inaccessible after the platform blocked multiple wallets following a phishing incident.

Bearish

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  • Justin Sun’s frozen WLFI position has lost about $60 million since September.
  • World Liberty Financial blacklisted Sun’s wallet after a $9 million token transfer.
  • With roughly 545 million WLFI locked, Sun has been unable to sell or hedge.

Justin Sun’s locked WLFI holdings have lost roughly $60 million in value since September, as his wallet remains blacklisted by World Liberty Financial. The decline follows WLFI’s sharp price drop while Sun’s tokens remain frozen and inaccessible.

The freeze was a result of WLFI’s decision to block hundreds of wallets after a reported phishing incident and other high-risk activity. One of the frozen addresses was li…

Read The Full Article Justin Sun’s Frozen WLFI Holdings Lose $60M After September Blacklist On Coin Edition.

Read the article at CoinEdition

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