WLFI: There may be a CEX transferring users' WLFI and conducting a sell-off, the team is conducting an investigation.

BlockBeats news, on September 7, WLFI growth director Ryan Fang stated in an interview on Thursday evening that, “The WLFI team believes that some large token holders may be manipulating the price, essentially to lock in profits. The WLFI team is confident that in a world where a centralized trading platform holds a large amount of user funds, certain trading platforms may attract user tokens and actually send user tokens (referring to WLFI tokens) to other trading platforms for sale. To reiterate, we are still exploring and discovering this issue and believe there is a certain probability of the above situation occurring. Now imagine, suppose a large trading platform has a lot of user assets and transfers a large amount of user assets to other trading platforms that may have better liquidity, while opening very large short positions, this is possible.” “In fact, some community members have been notifying the team on Thursday that they believe what I just mentioned is possible, which would be massive systemic manipulation. The WLFI team will investigate and believes that it is likely that significant damage has already been done in the past few days, but similarly, the team does not have detailed evidence regarding this information.” On Thursday evening, the WLFI token price hit a recent low of $0.1611 and has now recovered to $0.2237; early Friday morning, World Liberty blacklisted Justin Sun's address, locking 540 million unlocked tokens and 2.4 billion locked-up tokens, stating they believe a certain trading platform has been using user tokens for dumping, thus suppressing prices; WLFI blacklisted 272 addresses over the past week, and on-chain records show that some belong to bulk blacklisting operations. WLFI stated on Saturday that blacklisting 272 addresses is to protect asset security and will never ban accounts for normal market participation.