On September 5, COINOTAG News reported that World Liberty announced the blacklisting of Justin Sun‘s address, citing a freeze of 5.4 billion unlocked tokens and 24 billion locked tokens. In response, Sun said via social channels that the wallet only performed a few low-value exchange deposit tests followed by an address dispersion, asserting there was no buying or selling activity and therefore no market impact. Market participants and compliance observers can analyze on-chain movements to assess implications for liquidity and token governance, while noting the founder’s statement frames the transfers as operational tests rather than trading events.
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