Dear Chat! 💗 After a busy week, I finally have time to check the news! There's been so much going on, so of course I wanted to use AI to help me sort things out. Let's see what's going on 👀 Recently, the WLFI drama has been all over the place, with many pointing the finger at Justin Sun @justinsuntron. To be honest, I was also confused at first, but after digging into the details, I found that the situation seems quite different. I just wanted to share my findings so that everyone can have a more complete picture. First, regarding his transfer of WLFI tokens... This is actually quite normal. Justin Sun was an early and major investor and holds a large number of WLFI tokens. When WLFI launched on the exchange on September 1st, he unlocked 20% of his holdings, approximately 600 million WLFI tokens. From what I understand, this wasn't a sell-off. It seems more like he was testing the exchange, depositing funds, building liquidity, or simply managing his account. Furthermore, he publicly pledged not to sell these unlocked tokens in the short term, demonstrating his continued confidence in the project's long-term prospects. Thus, transferring a small portion like this is reasonable, and not a bonus. Report Then there's the freeze issue 🧊 On September 5th, WLFI officials suddenly blacklisted his associated wallet and froze approximately 595 million tokens, including 540 million unlocked tokens. The official reason was "market stability," but in reality, this demonstrates severe centralized control and infringes on investor rights. Justin was clearly angry, saying that assets should be respected and that a unilateral freeze was unfair. I understand the sentiment of some community members, but honestly, market fluctuations involve many factors, such as overall liquidity and market makers, not just one individual. Another rumor circulating is that Justin is manipulating WLFI using funds from HTX @HTX_Global. This is completely unfounded. High-yield products on HTX come from platform subsidies and group profits, not user funds. They even have a Merkle tree proof mechanism to ensure that every user's deposit is fully backed. Your funds are safe. And if we look at the data, it supports his point. Analysis shows that WLFI's recent decline is primarily due to concentrated selling by market makers, not Justin Sun himself. If the exchange wanted to, they could even publish trading records to prove he didn't sell the tokens. Honestly, it feels like people are always hastily accusing someone without verifying the data. Overall, as a cryptocurrency practitioner, I just hope we can uphold fairness and trust. Spreading rumors without evidence only harms the community. Justin Sun has always been responsible, and freezing his assets is unreasonable. This makes me wonder... How much of what we read online is true? What are your thoughts? If you want to learn more
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