Justin Sun denies rumors about the sale of Wlfi tokens and alleged blockade of its assets

The tycoon went to his social networks to clarify what happened with the direction where he keeps his tokens WLFI, ensuring that it is still very committed to the project and that it does not plan to sell assets.

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• An address linked to Justin Sun was blocked after transferring USD $ 9 million in tokens WLFI to HTX.
• The measure generated speculations about user restrictions and price manipulation.
• Sun denied having sold Tokens and reaffirmed his commitment to the project.

The founder of Tron, Justin Sun, went out to respond after an address associated with its operations with World Liberty Financial (WLFI) was blocked after a millionaire movement towards the exchange HTX The measure generated market controversy and speculation about possible restrictions on users and pressures on the price of Token.

According to chain data collected by Nansen and Arkham, reviewed by Cointelegraph, The address in question was marked on Thursday, shortly after transferring 50 million tokens WLFI, equivalent to about USD $ 9 million, to Exchange HTX The blockade occurred during the first week of public contribution of the asset, which intensified the rumors and questions about the transparency of the project.

Justin Sun’s answer

After what happened and the rumors raised, Sun turned to his X account to respond to speculation and doubts on the subject. In a thread published in Chinese language, he said The questioned address had only performed routine deposit tests in exchange with very small amounts of WLFI Before dispersing the funds.

He stressed that these operations did not involve purchases or sales and “They could not have any impact on the market”. Sun emphasized that rumors about a strategy to press the price lacked foundation and that their commitment to the project remained intact.

In previous publications, Sun had already pointed out that he had no intention of liquidating his tokens unlocked in the short term. “We do not plan to sell our unlocked tokens soon ”, He said at the time. “The long -term vision is too powerful and I am completely aligned with the mission.”

WLFI View market

World Liberty Financial, A project DEFI Publicly backed by the president of the United States Donald Trump, officially initiated his price on Monday in the main exchanges. The Token WLFI It registered an initial rise up to a maximum close to USD $ 0.32, but lost impulse quickly.

For Thursday, the price had fallen more than 22% in the day, located below USD $ 0.18, according to data from Coinmarketcap. Volatility reflected market sensitivity to the actions of large participants and rumors around supply control. Within the framework of this fall, the team of World Liberty Financial He announced plans to support the price of the digital currency, which involves the repurchase and burning of tokens.

Sun participated from the pre -sale rounds of WLFI, which reinforces the perception of its central role in the development of the project. His public defense seeks to send a message of stability amid doubts about governance and liquidity.

Debate on transparency in DEFI

The episode revived the debate on the levels of transparency and confidence in decentralized projects that have high profile figures. Although technology Blockchain It allows to track operations in real time, the interpretation of these movements can unleash controversies and affect the perception of investors.

The rapid price drop also underlines the risks of the first days of recent launch tokens negotiation. Published reports on the subject indicate that lack of clarity on internal rules, sales limits or control measures can amplify volatility and weaken confidence in the ecosystem DEFI.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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