The World Liberty Financial (WLFI) platform explained the reasons behind the mass blocking of cryptocurrency wallets, which has caused significant resonance in the community. According to the official statement, only those addresses associated with illegal activities were added to the blacklist, while the situation regarding Justin Sun’s wallet remains uncommented publicly.
This is reported by Finway
Which Wallets Were Blocked
Following the incident involving the freezing of tokens belonging to TRON founder Justin Sun, the WLFI team released a detailed list of blocked addresses. A total of 272 wallets have been added to the blacklist. Of these:
- 215 were identified as participants in phishing attacks;
- 50 wallets were hacked and were blocked at the request of their owners;
- 5 addresses were marked as having a high level of risk;
- 1 wallet is suspected of illegal appropriation of funds and is currently under investigation.
“We do not seek to blacklist anyone. We respond when we receive reports of malicious or high-risk activities that could harm community members,” the platform stated.
Community Reaction and WLFI’s Position
The WLFI team justified their actions by emphasizing their concern for user transparency and security, stating that the platform intervenes solely to protect the community and not to restrict legitimate activity.
On September 5, 2025, it became known that Justin Sun’s wallet had been frozen after a transfer of 50 million WLFI. Sun claimed that this was a routine transfer of funds, not a sale of tokens, and called for the assets to be unlocked. However, the WLFI team did not comment on this case, leaving the matter open.
WLFI also emphasized that they do not block wallets for “normal market behavior” and act only in cases of detecting suspicious or harmful actions. Justin Sun has not responded to the platform’s new statement, although he previously claimed that the blocking of his wallet undermines trust in WLFI.