WLFI project freezes Large Investors' assets: shrank by 60 million dollars in March

2025-12-23 01:00:12

Abstract generation in progress

[Coin World] On-chain monitoring data shows that a certain well-known investor's Address is still blacklisted by the WLFI project. Within three months, the value of the locked WLFI Token has shrunk by approximately $60 million.

The origin of the matter can be traced back to September this year. At that time, this investor was blacklisted by the project team after transferring approximately $9 million worth of WLFI Tokens, resulting in all of his held Tokens being frozen. This came as a surprise—it's worth noting that he had made significant investments in this project. According to public information, he not only committed to purchasing $100 million worth of TRUMP meme coins but also invested $75 million in WLFI Tokens.

Such a substantial support ended with frozen assets. This reversal prompts a reevaluation of the governance risks of DeFi projects and the impact of blacklisting mechanisms—when they will be triggered, and how to protect investors' rights, these issues deserve attention.

WLFI-0.44%

TRUMP-0.7%

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