Bearish Alert: $WLFI just froze Justin Sun’s account holding
Genesis Trollinger MZ4G
Updated at: 3 hours ago
{"content":"Bearish Alert: $WLFI just froze Justin Sun’s account holding $3B+ in tokens.
This is exactly the kind of move that destroys trust in crypto. You can’t call yourself “DeFi” while blacklisting wallets like a centralized bank.
Sun invested $75M and still got frozen, if they can do it to him, what about retail? Freezing tokens goes against the very core of crypto: decentralization, immutability, and ownership.
Markets already react, WLFI dumped hard, down nearly 40%. And honestly, rightfully so. This action proves WLFI is more centralized than people thought.
📉 My view: Freezing assets is an unreasonable move in crypto and a red flag for any project. Long-term, only true decentralized chains like $BTC and $ETH will come out stronger after this.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/06/a809131306364847b180a0fe30d9df96.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}