“As one of the early major investors in World Liberty Financials, I have contributed not only capital but also my trust and support for the future of this project. My goal has always been to grow alongside the team and community, and to jointly build a strong and healthy WLF ecosystem.
However, during the course of operations, my tokens were unreasonably frozen.”
According to CryptoSlate’s data, WLFI value rose by nearly 4% in the last 24 hours to $0.18754 from an all-time low of $0.1632. The price uptrend added around $500 million to the project’s market capitalization, which stood at $4.6 billion as of press time.
Meanwhile, WLFI’s price performance has led to a 50% rise in the token’s open interest volume to $7.2 billion at the time of writing.
These developments mark a significant turnaround of fortunes for a digital asset that has lost around 70% of its value since it started trading on Sept. 1.
“A Binance deposit wallet connected to Justin Sun received over 60 million WLFI tokens worth $12M yesterday from HTX. The 60M WLFI deposit represents about 52.6% of HTX’s total WLFI holdings at present from what I can find onchain based on HTX’s public wallets.
“No buying or selling was involved, so it could not possibly have any impact on the market.”
Following these actions, Sun criticized World Liberty Financial’s blocklisting of his tokens in a Sept. 5 statement shared on X as “unilateral” and “unreasonable.”
He wrote:
“Tokens are sacred and inviolable—this should be the most basic value of any blockchain. It’s also what makes us stronger and more fair than traditional finance.”
