Latest news: World Liberty has blacklisted Justin Sun (孙宇晨) and locked 540 million unlocked tokens and 2.4 billion locked tokens, stating that they believe an exchange has been using user tokens for dumping and suppressing prices.

Today, he also came out to refute rumors, but was blacklisted in the evening. Truly a master of manipulation, it seems the previous rumors were true: “He spent heavily to buy TRUMP coins to attend Trump's banquet, and before the banquet ended, he ran to the restroom to sell the coins.”

Let’s review the details of this harvesting: Brother Sun's high-end hedging operations can only be done in conjunction with his own exchange; the public address has not changed, but the actual profits have already been secured.

Step 1: First, he tweets to tell everyone that he will not sell, stabilizing market sentiment, urging everyone not to panic.

Step 2: HTX launches a WLFI annualized 20% deposit activity to attract a large number of retail investors to deposit their coins into HTX.

Step 3: Sun dumps all the user deposits through multiple addresses to Binance to sell off, which is why Sun has been continuously dumping, and the market has not noticed; it’s too hard to monitor.

Step 4: Users' coins deposited in HTX need to be redeemed, and Sun will transfer the coins from his own wallet to HTX for redemption for users.

Summary: Although Sun's wallet does not directly participate in the dumping, the selling has never stopped; all the money has been secured, and the coins are returned to everyone as a memento.

@孙宇晨(去过太空版) Brother Sun, please come explain whether this was a premeditated act or if you are once again using the rules to your advantage? #币圈 $WLFI