World Liberty Financial (WLFI) is defending its decision to freeze hundreds of wallets, including Tron found Justin Sun's, saying the move was meant to protect users from phishing-related compromises, not to stifle normal trading.
"WLFI only intervenes to protect users, never to silence normal activity," the project wrote on X.
WLFI said earlier this week that 272 wallets were blacklisted, with approximately 215 of those linked to a phishing attack and 150 compromised through support channels.
Justin Sun's WLFI address was frozen on Friday, following several small “dispersion test” transfers between his own wallets after claiming unlocked tokens at launch, none of which were sales.
The outbound transfers from Sun-tagged wallets made it appear that the big-name WLFI investor was selling