{"id":46082,"date":"2025-09-06T09:16:43","date_gmt":"2025-09-06T09:16:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46082"},"modified":"2025-09-06T09:16:43","modified_gmt":"2025-09-06T09:16:43","slug":"if-they-can-do-it-to-sun-whos-next-say-insiders-as-wlfi-claims-freeze-was-to-protect-users","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46082","title":{"rendered":"‘If They Can Do It to Sun, Who’s Next?’ Say Insiders as WLFI Claims Freeze Was to ‘Protect Users’"},"content":{"rendered":"
\n

World Liberty Financial (WLFI) is defending its decision to freeze hundreds of wallets, including Tron found Justin Sun’s, saying the move was meant to protect users from phishing-related compromises, not to stifle normal trading.<\/p>\n

“WLFI only intervenes to protect users, never to silence normal activity,” the project wrote on X.<\/p>\n

WLFI said earlier this week that 272 wallets were blacklisted, with approximately 215 of those linked to a phishing attack and 150 compromised through support channels.<\/p>\n

Justin Sun’s WLFI address was frozen on Friday<\/a>, following several small \u201cdispersion test\u201d transfers between his own wallets after claiming unlocked tokens at launch, none of which were sales.<\/p>\n

The outbound transfers from Sun-tagged wallets made it appear that the big-name WLFI investor was selling his tokens, but onchain data paints a different picture.<\/p>\n

In a post on X<\/a>, Nansen founder Alex Svanevik pointed out that Sun’s transfers didn’t match the timeline of WLFI’s token decline.<\/p>\n

Nansen data shows Justin Sun transferred 50 million WLFI worth about $9.2 million on Sept. 4 at 09:18 UTC \u2014 three to five hours after the token\u2019s steepest drop \u2014 meaning the transfer followed the crash rather than caused it.<\/p>\n

Onchain data from Nansen shows a $12 million WLFI transfer from HTX to Binance by a third-party market maker.<\/p>\n

The tokens were borrowed using HTX\u2019s own capital as part of a routine rebalance, but the move came after WLFI\u2019s sharpest declines and was too small to have moved the market, considering WLFI has a daily trading volume of over $700 million.<\/p>\n

Once deposited on Binance, it is impossible to determine whether the tokens were sold or simply held.<\/p>\n

Market participants instead point to broad shorting and dumping of WLFI through market makers and trading desks across several exchanges as the real driver of the crash.<\/p>\n

Onchain records back this view: a transfer from BitGo to Flowdesk flagged by Nansen, coincided with the start of WLFI\u2019s slide and has become a key datapoint in explaining the sell-off.<\/p>\n

Meanwhile, WLFI\u2019s decision to freeze funds linked to the crash set off nervous chatter among whales, market makers, and other trading desks that their tokens could be frozen by literal fiat.<\/p>\n

\u201cIf they can do it to Sun, who\u2019s next?\u201d is how a person familiar with conversations among large market participants paraphrased it when speaking to CoinDesk.<\/p>\n

WLFI is currently trading for $0.18, according to CoinGecko<\/a>. It’s down 40% since listing.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

World Liberty Financial (WLFI) is defending its decision to freeze hundreds of wallets, including Tron found Justin Sun’s, saying the move was meant to protect users from phishing-related compromises, not to stifle normal trading. “WLFI only intervenes to protect users, never to silence normal activity,” the project wrote on X. WLFI said earlier this week […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-46082","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46082"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46082\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}