Justin Sun Requests Release of Frozen WLFI Tokens Amid Controversy
Justin Sun, founder of Tron, has called on the World Liberty Financial (WLFI) team to unfreeze his token allocation after it was blacklisted due to alleged suspicious transactions.
Key Points
- Sun's WLFI pre-sale allocation was frozen over unauthorized sales, linked to a $9 million transaction flagged by analytics firms.
- He argues that the freezing violates decentralized blockchain principles and risks undermining confidence in WLFI.
- At WLFI's Token Generation Event (TGE), Sun claimed 600 million WLFI tokens worth approximately $200 million, making him a significant shareholder.
- Despite commitments not to sell unlocked tokens, some analysts suspect Sun may be selling his allocation.
- He denies any wrongdoing and continues to advocate for the project’s growth.
Sun previously accused Bloomberg of disseminating false information about his cryptocurrency holdings.