2 weeks ago

Justin Sun Faces $11M WLFI Drop as World Liberty Rejects Fears

TLDR Justin Sun’s frozen WLFI holdings lost over $11 million in 24 hours. WLFI price dropped 15% daily and over 74% since its launch. World Liberty Financial blacklisted Sun’s wallet, freezing his tokens. The project used WLFI as collateral to borrow stablecoins on Dolomite. World Liberty denied liquidation risks and called concerns “FUD.” Justin Sun [...]

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Source: Blockonomi →