The cryptocurrency circle never lacks drama, but this wave of "freezing turmoil" from WLFI has escalated the plot — on one side, the project backed by the Trump family claims to "protect users," while on the other side, frozen retail investors are sharing screenshots to defend their rights. Even more surreal is the reversal of Sun Yuchen from "complaining about being locked" to "spending tens of millions to increase positions"; after watching, all that remains is a screen full of "not understanding but being greatly shocked!"

1. WLFI: "I am freezing high-risk addresses!" Retail investors: "My principal has also been locked!"

As a DeFi project associated with the Trump family, World Liberty Financial (WLFI) was supposed to attract followers through its "celebrity aura," but recently it has fallen into a public relations crisis due to the "freezing of 272 wallets." Faced with doubts from the entire internet, the WLFI team is eager to "prove their innocence," throwing out a set of "risk assessment theories":

“We absolutely do not freeze accounts randomly! The restricted addresses are all 'bad apples'—79% are involved in phishing, either sending fake links to deceive private keys or posing as official customer service to extract information; the rest are either 'abnormally large transactions' or have financial connections with scam accounts!” The team spoke with righteous indignation, also emphasizing that “freezing is to protect the majority of users,” as if they were the “guardians of the community.”

But this argument does not hold water in the eyes of the victims. Polish developer relations officer Bruno Skvorc directly exposed the “accident scene”: “I submitted my wallet address and transaction records as required, communicated with the team several times, yet the funds are still frozen, not even a processing update!” Not to mention ordinary retail investors—some shared screenshots of being frozen, with 30,000 dollars in principal inside, and only received an “awaiting review” automated reply after contacting customer service; others complained, “There was no prior notice, suddenly unable to withdraw coins, is this called protecting users?”

On one side is the project party's “justification,” and on the other is the users' “cry of blood and tears,” WLFI's “protecting users” has become a laughingstock across the internet: “Is it really protecting users, or protecting the interests of certain people?”

Two, Sun Yuchen’s dramatic turnaround: complaining the day before about “assets being locked,” and the next day splurging 10 million to buy the dip!

In this turmoil, Sun Yuchen's actions have brought “drama” to its peak. As an early heavy investor, he previously directly threw 75 million dollars to buy WLFI tokens, and publicly stood on the platform saying he was “optimistic about the long-term value,” but suddenly on Thursday “changed face” on platform X—complaining that his WLFI fund was frozen, filled with dissatisfaction, and there were reports at the time stating “he might want to cash out but was choked by the project party.”

Just when everyone is waiting to see “Brother Sun take on the Trump family project,” the turnaround came faster than a BTC spike! Early Friday morning, Sun Yuchen directly updated his status: “I’m going to buy 10 million dollars of WLFI tokens, and I’m also going to add another 10 million dollars to buy ALTS tokens (tokens from publicly listed companies that WLFI founders are involved in)!”

The day before he was still “defending rights,” the next day he splurged twenty million to increase his position, and netizens were directly baffled: “Was he ‘summoned’ by the project party? Or was it a script that had been discussed beforehand?” Some even joked: “The previous 75 million was the 'door knocker,' the complaints were 'a show for retail investors,' now twenty million is the real 'letter of investment' right?”

Three, prices drop by 14% but there is capital buying the dip? Is WLFI a “trap” or an “opportunity”?

Amidst the controversy, WLFI's market performance also followed a “roller coaster”: the price dropped by 14% in the past 7 days, and trading volume continued to shrink, many early investors panicked about “whether to cut losses.” But interestingly, when WLFI attempted to rebound over the weekend, the open interest (OI) rose from 780 million dollars to over 900 million dollars—this means that someone started stealthily increasing their position, betting that it can “bounce back from the bottom.”

Some believe that “Sun Yuchen's twenty million increase in position is a good sign, and there might be a wave later”; others warn that “the project party can freeze wallets at will, trust is gone, and now to buy the dip is to take the bag.” Even veteran players in the crypto circle are conflicted: “The endorsement by the Trump family + Sun Yuchen's heavy investment seems hot, but the 'frozen wallets' risk hasn't been eliminated, who dares to invest heavily?”

Four, retail investors, don’t panic! Is your WLFI wallet safe?

Right now, the most anxious are still ordinary retail investors: “My wallet hasn’t been frozen, but will it suddenly be subject to ‘risk assessment’ one day?” “If Sun Yuchen can be frozen, are our small investors' assets still safe?”

In fact, from this wave of turmoil, we can understand: no matter how many “celebrity endorsements” the project has, “the ability to freeze user assets at will” is the biggest risk. If your WLFI assets can still operate normally, you must be extra cautious—back up your private keys in time and don’t easily participate in high-risk transactions; if you have already been frozen, quickly organize your transaction records and contact the official, while also paying attention to community dynamics, don’t get caught by “unilateral notifications.”

Finally, I want to ask everyone: do you think WLFI's frozen wallets are “truly protecting users,” or “indirectly controlling the market”? Sun Yuchen's 10 million buying the dip, would you dare to follow? Let's discuss your views in the comments!

If you are still confused in the crypto circle, not knowing which projects are risky and which have opportunities, you might as well click on the avatar to follow Rui Ge—having delved into the crypto world for many years, sharing practical experience and first-hand news every day, helping you avoid traps like “frozen wallets” and find the right direction amid fluctuations!#美国当周失业金人数