WLFI has launched an investigation into potential price manipulation by large token holders, leading to the blacklisting of 272 addresses, including those linked to Justin Sun. This move follows community reports of suspicious activities affecting WLFI and TRX markets, raising concerns about centralized exchange vulnerabilities. The market has experienced significant volatility, with WLFI's price fluctuating as the community discusses the issue on platforms like Discord and Telegram.
Despite the ongoing investigation, no conclusive evidence of unlawful actions has been found. However, the situation underscores the need for greater transparency and regulatory oversight in the crypto space. As of September 7, 2025, WLFI's market price stood at $0.23, with a market cap of $5.65 billion and a trading volume of $1.66 billion, marking an 8.45% increase over the past 24 hours.
WLFI Probes Price Manipulation, Blacklists 272 Addresses Amid Market Turmoil
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