
MEJ毛毛姐(Ø,G) $M | 🐜|Sep 05, 2025 22:42
Stayed up all night waiting, and finally got the official statement from @worldlibertyfi. Everyone step aside, let’s eat this drama rationally.
Did Justin Sun dump tokens? Or is he just the scapegoat? The statement clarified a few key points:
Official Statement: Blacklist ≠ Token Dumping
WLFI just tweeted to clarify:
• Over the past few days, 272 wallets were blacklisted, of which 79% were related to phishing attacks, and 18% were reported by users as stolen and requested to be frozen.
• Only a very small number were flagged for security risks or fund misappropriation.
• Key takeaway: Normal market transactions will not be blacklisted. The team has zero tolerance for malicious attacks, not for selling tokens.
One more thing to note: While the team disclosed the reasons for blacklisting these 272 addresses, they did *not* say “Justin Sun is under investigation.” In other words, being blacklisted doesn’t mean being investigated, and it doesn’t imply illegal activity. The official statement made it clear—this is about “protecting users,” not targeting “normal token sales.” Those irrational rumors about “Justin Sun being investigated” lack any basis.
The broader market conditions caused the drop.
WLFI unlocked 20% of tokens at launch, and whales rushed to cash out.
The concentrated sell pressure was already too much to handle. Even if Justin Sun did nothing, the market would still have dropped.
On TGE day, 8 out of the top 10 addresses chose to sell, with at least 4 of them (6, 7, 8, 10) dumping tokens into exchanges within half an hour, collectively selling nearly 186 million WLFI.
Looking back, the real sell pressure came from the unlock mechanism + multiple whales cashing out.
Justin Sun’s wallet did show some activity, but the scale was far from being a decisive factor. This needs logical analysis and has nothing to do with past events.
@justinsuntron, what’s your take on this statement? Does it mean your appeal has been addressed?
HTXNOVA
@HuobiGlobal @HTX_Molly @qingyang007 @xiaojiucai_andy @Ceee333_
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