According to Pokorny, some of the restrictions were applied through bulk transactions. He suggested that initial blocklist actions appeared tied to pre-launch know-your-customer (KYC) checks, while the motives for more recent blocklists remain uncertain.
The move aligns with WLFI’s earlier disclosure that it had blocked wallets during its token rollout to counter hacking attempts.
“A WLFI-designated wallet [has executed the] mass blacklisting of wallets identified as compromised (private-key loss) prior to launch. These onchain actions thwarted attempted theft from the Lockbox.”
