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Opinion: Justin Sun's Sale of Unlocked WLFI Is Unobjectionable, Responsibility Lies with WLFI Foundation

By: theblockbeats.news|2025/09/06 09:42:26

BlockBeats News, September 6: Data analytics platform CryptoQuant CEO Ki Young Ju posted on social media, stating, "I support Justin on this matter. There is no issue with selling unlocked tokens.

The responsibility should lie with the WLFI Foundation, as they 'debanked' users, contradicting their original intentions."

BlockBeats previously reported that on September 1, Justin Sun posted on social media, expressing his belief that WLFI would be one of the largest and most important projects in the cryptocurrency space. He currently has no plans to quickly sell unlocked tokens. The project's long-term vision is very strong, and he fully aligns with its mission.

On September 5, World Liberty blacklisted Justin Sun's address, locking 540 million unlocked tokens and 2.4 billion staked tokens. They stated that they believe a certain exchange has been using user tokens for selling pressure to suppress the price. Justin Sun later mentioned that his WLFI tokens were unreasonably frozen and called for their release. On the same day, Justin Sun posted on social media, saying, "We believe that U.S.-listed crypto stocks are undervalued. I will buy $10 million worth of ALTS and $10 million worth of WLFI on the market."

Community Announcement: The social protocol Firefly will be releasing its token soon

This week, the US Ethereum Spot ETF saw a net outflow of $7.876 billion.