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

4 hours ago

September 6: The CEO of the data analytics platform CryptoQuant, Ki Young Ju, posted on social media, saying, "I am in support of Justin on this matter. There is no problem with selling unlocked tokens.
The liability should be with the WLFI Foundation as they 'debanked' users, which goes against their original intentions."
BlockBeats previously reported that on September 1, Justin Sun posted on social media, expressing his belief that WLFI would become one of the largest and most significant projects in the cryptocurrency space. He currently has no intention of quickly selling unlocked tokens. The long-term vision of the project is very strong, and he is fully in line with its mission.
On September 5, World Liberty blacklisted Justin Sun's address and locked 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 unjustly 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 purchase $10 million worth of ALTS and $10 million worth of WLFI on the market."
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