🦅 WLFI vs Justin Sun Litigation Summary

Korean Alpha EN (@korean_alpha_en), May 7, 2026, 06:21 UTC

🦅 WLFI vs Justin Sun Litigation Summary 1. Justin Sun secured a total of $4 billion in WLFI, but the contract at the time stipulated the "non-transferable" condition and he had signed it himself. 2. Later, when the wallet was frozen, he publicly criticized it as a "secret backdoor," but WLFI countered that it was "executing the authority included in the contract." 3. Just one day before listing, Justin Sun-related wallet to Binance for a total of 300 million USDT. 4. On the day of listing, $WLFI plunged 26% and short positions increased 23%. 5. WLFI claims that it is a "pre-short selling…

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