Full analysis of WLFI blacklist incidents: Trump VS Justin Sun! $100 million was frozen overnight. and the biggest scam of DeFi was exposed? #Trump Family Project

In September 2025, the DeFi project WLFI, supported by the Trump family, was frozen by the largest investor Justin Sun for transferring $9 million tokens, saying that it was preventing market manipulation, and Sun Bian was a recharge test. Sun Zeng invested 75 million yuan to help the project raise 550 million yuan, but 83% of the tokens are concentrated on Trump's affiliates. The incident caused a sharp drop in WLFI prices, exposing the centralization of the project. Queen Sun announced that she would increase her positions, and the project still had regulatory ethics disputes. In September 2025, the conflict between WLFI, a DeFi project supported by the Trump family, and Justin Sun, the largest investor, exposed the centralized nature of the cloak of "decentralization" of crypto projects. WLFI endorses the Trump family as the core. Trump serves as the "chief crypto advocate" and his son serves as the "Web3 ambassador", positioning to build a "future financial" system through stablecoin USD1 and lending markets. Project financing can be called a counterattack: the first round of token sales in October 2024 was US$0.015, and only US$21 million was raised in the early stage; after Sun Yuchen intervened, the investment increased to US$75 million, and the second round of sales in January 2025 was US$0.05, with a total financing of US$550 million. However, the tokens are highly concentrated, with 82.3% controlled by Trump-related entities and large players, and the team's wallets account for 45% of the supply. On September 4, WLFI freezes Sun's assets of more than $100 million on the grounds of "preventing market manipulation", resulting in his transfer of $9 million tokens to the exchange. Previously, WLFI prices have plummeted 60% from US$0.39 to US$0.16, and fell 20% after the incident, with a 24-hour decline of 13.8%. The project party said that most of the blacklists were phishing or stolen addresses, while Justin Sun refuted it as a "recharge test", emphasizing that the private ownership of assets is sacred and inviolable. The core of the contradiction lies in the abuse of centralized power: the project party controls blacklist permissions, which violates the principle of "your private key and your currency". Although the USD1 stablecoin was launched (backed by 100% by US Treasury bonds, etc.), Trump's team received 75% net income, and he promoted loose cryptocurrency supervision during his tenure, which triggered moral doubts about "regulators seeking personal gain." Justin Sun's counterattack was quite dramatic, announcing an increase in his position of $10 million in WLFI, which was speculated to be a stability maintenance or a behind-the-scenes agreement. Although the project has attracted attention from Middle East Fund and other funds, 80% of the tokens locked in positions and low circulation have posed hidden dangers of manipulation. This incident sounded the alarm for the industry: investors should be wary of the governance defects of "political tokens", and the quality of decentralization is far more important than celebrity endorsement. [Note⚠️, cryptocurrencies are high-risk investments, and you may lose all your principal. If you don’t understand, it is recommended not to participate. This video has no investment advice, it is shared only as information] #WLFI #Trump VS Justin Sun#DeFi Scam