The World Liberty Finance (WLFI) team decided to blacklist the TRON DAO wallet, triggering widespread reaction. This move occurred just eight hours after the wallet transferred a significant amount of WLFI tokens.
TRON DAO Wallet Blacklisted
The WLFI team blacklisted the TRON DAO wallet from the $WLFI token contract just eight hours ago. The wallet in question—starting with address 0x5AB261—previously acquired 3 billion WLFI tokens during the project's ICO phase.
Frozen Funds
Out of this amount, 600 million tokens were recently unlocked. According to blockchain data, around 54 million WLFI tokens—worth approximately $11 million—were transferred to various new wallets. These movements triggered immediate concern from the community. The WLFI development team acted swiftly by blacklisting the TRON DAO wallet, effectively locking the remaining token balance.
Rumors of Token Dumping by Justin Sun
The blacklisting follows circulating rumors that Justin Sun—founder of TRON—may have offloaded WLFI tokens on HTX. This alleged dumping is believed to have contributed to the recent drop in the WLFI token price. While no official statement has been made by Sun or TRON DAO, the swift action by the WLFI team signals their commitment to stabilizing the token’s market and protecting investors.
This incident raises broader questions about the power developers hold in managing smart contracts, especially in cases where large holders may act against the project’s best interest. All eyes remain on how this blacklist will impact the future of the WLFI token.
