World Liberty Financial (WLFI) showed significant growth drawing investor attention amidst a controversy regarding blacklisted addresses.
WLFI Growth on Market
WLFI increased by 28%, reaching a price of $0.2348 after a whale withdrew $2.84 million worth of WLFI tokens from Binance. According to Arkham Intelligence, the whale acquired 13 million tokens in just a few hours.
Blacklist Controversy
Following notable activity with WLFI tokens, disputes arose over blacklisted addresses concerning billionaire Justin Sun. He reported that his tokens were 'unreasonably frozen' by the project, which also impacted other investors whose wallets were locked. World Liberty Financial confirmed that the blacklist includes 272 addresses.
World Liberty Financial's Security Measures
In response to community concerns, World Liberty Financial explained that 79% of the frozen wallets were tied to a phishing attack. The project stated it takes such measures for user security and is working with wallet owners to restore access to assets. 'User safety is paramount,' WLFI representatives clarified.
The recent rise in WLFI tokens amidst the blacklist controversy raises interest in the project, which is attempting to protect users while maintaining market trust.
