WLFI Token Drops 50% After Justin Sun Blacklist: Centralization Risk?

The WLFI token from World Liberty Financial once fell to $0. 16—cutting its value in half—after developers blacklisted Justin Sun’s wallet and froze billions of tokens associated with him. This move has deepened divisions in the community and raised concerns about centralization and the outsized influence of large investors in new token launches. WLFI Blacklisting: What Happened to Justin Sun’s Holdings? WLFI launched amid significant hype and high trading volumes on major exchanges source: https://beincrypto.com/wlfi-token-plunges-after-justin-sun-blacklist/