Justin Sun’s Wallet Blacklisted: WLFI Plunges 42% as Decentralization Concerns Rise

The cryptocurrency market experienced a significant jolt after the blacklisting of Justin Sun’s wallet by World Liberty Financial (WLFI). This action triggered a dramatic price decline for WLFI tokens, which plummeted up to 42%. The freeze of assets connected to Sun’s holdings highlights concerns about governance and transparency in blockchain projects.