On-chain data tracking reveals a striking event: the WLFI Token of a well-known investor remains frozen by the project party, with its locked assets depreciating over 60 million USD in the past quarter.



The matter dates back to September of this year. This investor was suddenly blacklisted by the project party after transferring approximately 9 million dollars worth of WLFI Tokens, resulting in the freezing of all his holdings. Ironically, he had previously invested significant resources into this DeFi project. Specifically, he committed to purchasing 100 million dollars worth of TRUMP meme coins while also investing 75 million dollars in WLFI Tokens, which is quite substantial.

This project has the support of the President of the United States and should have a promising future. However, things have not gone as hoped; despite investors' initial intentions to be optimistic about the project's development, it ultimately faced a ban. Now, its Token is locked on the blacklist, and as the assets significantly shrink, they can only feel anxious. This case also serves as a reminder to all crypto investors—having a large investment and interest connections does not necessarily guarantee the trust and rights protection from the project party.
WLFI-1.27%
TRUMP-1.74%
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DeFiCaffeinatorvip
· 12-23 01:49
Wow, this is Web3... invested 150 million and still got blacklisted, laughing to death
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BlockTalkvip
· 12-23 01:35
Hmm? 75 million is still frozen... This is the Crisis of Confidence --- Damn, invested so much and still on the blacklist, ridiculous --- So having presidential endorsement is useless, the project party can freeze at will --- This guy is really something, spent 100 million to buy TRUMP and ended up with WLFI being confiscated --- 60 million has shrunk... It hurts just to look at it, but this is also a common operation on-chain --- Investors become victims, this is the reality of crypto --- The blacklist tactic is brilliant, don’t know when they’ll be sentenced to death --- I just want to know what gives the project party the right to freeze investors' coins --- Even presidential support can't save it, this project really has some tricks --- This matter clearly states - one must guard against the project party even on-chain.
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BuyTheTopvip
· 12-23 01:23
This is why I never touch coins with "official endorsement"... it's all a trap.
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