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(WLFI) Justin Sun. The company strongly denied Sun’s serious allegations, claiming that these claims are “baseless,” and announcing that it will resort to the courts.
In a statement, WLFI alleged that Sun had previously leveled similar accusations “under the guise of victimhood.” The company pointed to legal action in its statement, saying: “We have the contracts, we have the evidence, and the truth is on our side. We’ll see you in court.”
Tensions between the two sides began with Sun’s latest remarks. Sun claimed that the WLFI token contract contains a “blacklist back-end” mechanism that allows freezing investors’ assets, and that his personal wallet was added to the blacklist in this way in 2025.
On the other hand, blockchain data shows that Sun is among the largest individual investors in the project. It is alleged that Sun, who invested approximately $75 million, had his account frozen just three days after the scheduled start of WLFI token trading in 1 September 2025