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According to Bubblemaps, Sun Yuchen’s address was blacklisted by the Trump-backed DeFi project World Liberty Financial (WLFI) after he transferred $9 million worth of WLFI tokens. As a result, the value of his locked tokens has declined by approximately $60 million over the past three months.
Despite Sun having invested $75 million in support of the project and denying any wrongdoing, WLFI has maintained the blacklist. Since its launch in September, the price of WLFI has fallen by more than 40%.
WRITER’S INTRO
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