Justin Sun Says “I Am Innocent” After Nansen Confirms WLFI Token Activity Didn’t Cause Price Drop

COINOTAG News reported on September 5 that Justin Sun retweeted a post by Nansen CEO Alex Svanevik concerning the “Justin Sun WLFI Token Address Activity Analysis” and appended the statement, “I am innocent.” The repost highlights the developer’s public response to scrutiny over WLFI token movements and investor inquiries.

In his original communication, Alex Svanevik noted that, “After confirming with the agent: Justin Sun did not cause the WLFI price drop,” reflecting Nansen’s on-chain review. This confirmation addresses immediate questions about token address activity and suggests no direct attribution of the recent price volatility to Sun based on available on-chain evidence, a relevant datapoint for market analysts assessing market impact and liquidity dynamics.