Trump directly sealed Sun Yuchen's 10 million dollar crypto wallet! The myth of decentralization shattered on the spot.
Trump directly sealed Sun Yuchen's 10 million dollar crypto wallet, and this matter caused an uproar in the community.
Don't think this is just a quarrel between two people; there are more dangerous signals behind it — the crypto market may be completely centralizing.
First, let's talk about the WLFI token, which is not some air coin. It is a "national-level" project initiated by Trump's team, claiming to help the United States legalize cryptocurrency under the banner of "serious finance." At first, it was touted wildly, claiming a "new financial order" and "tripartite cooperation," with retail investors jumping in thinking they could share the pie, but now they have all become cannon fodder.
Sun Yuchen and Little Trump were originally allies — Little Trump was responsible for political endorsements, while Sun Yuchen provided funding and technology.
This combination sounds impressive, like a grand gathering of Wall Street, Washington, and the crypto circle. But it overturned quickly: the WLFI governance committee directly froze over a hundred million of Sun Yuchen's tokens, claiming he was "cross-chain cyclically manipulating prices." This operation was too ruthless, even liquidating their own people; how can ordinary investors still trust this "decentralization"?
Of course, Sun Yuchen protested, saying it was just a "test transfer." But who doesn't know his dark history? From washing the TRX market to misappropriating USDD reserves, the hat of market manipulation has been firmly placed on him.
What is most heartbreaking about this is that the so-called "decentralization" is a lie. If a committee can casually seal wallets, what is the value of ordinary people's money? Is there any difference from traditional finance? The promises of WLFI have all become a joke.
What’s more frightening is that this may not be an isolated case but a trend. Political forces and capital tycoons are crazily infiltrating the crypto market, and retail investors are increasingly resembling their "ATM."
Today they sealed Sun Yuchen; tomorrow it may be American banks doing CBDC, using the same means to freeze your assets. This is not a conspiracy theory; it is a reality unfolding.
If the public gets used to "freezing" and "censorship," the next step will be to force the use of national-level digital currencies. By then, the wallet won't belong to you, and the money won't belong to you either.
Trump sealing Sun Yuchen's wallet is not a simple feud; it is a blatant warning — cryptocurrency can turn into a centralized weapon at any time.
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