Justin Sun has accused the Trump-linked crypto project WLFI of embedding a hidden blacklist function in its smart contract to freeze his wallet without notice in September 2025. Sun, WLFI's largest investor, claims the project misused governance mechanisms to justify asset freezes and extracted undisclosed fees. WLFI denies the allegations and suggests potential legal action.
In other developments, Alameda Research has moved $16 million in Solana (SOL) tokens to a wallet linked to FTX creditor repayments, indicating ongoing efforts to address bankruptcy obligations. Meanwhile, the Aave DAO has approved a $25 million funding plan for Aave Labs, aiming to support operations and align long-term incentives.
Additionally, Michael Saylor of MicroStrategy has outlined a Bitcoin-backed dividend strategy, suggesting that a 2.05% annual increase in Bitcoin's value could sustain dividends indefinitely. MicroStrategy holds 766,970 BTC, valued at approximately $54.58 billion.
Justin Sun Accuses WLFI of Misusing Contract Blacklist
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