🚨“Who can freeze the Token?”
In the Justin Sun × WLFI lawsuit, the part I personally find most interesting is this.
Mr. Justin Sun is a large investor who put about $45 million into WLFI.
In this lawsuit, regarding the WLFI Token,
Freeze / Restrict / Burn
is one of the key issues being disputed.
Of course, Justin’s claims have not been confirmed as facts as-is, and WLFI has also denied them.
That’s why it’s important not only to ask,
“Does that function exist?”
but also:
👉 Who can operate it?
👉 Under what conditions can it be triggered?
👉 Can that permission be changed?
👉 Were Token Holders informed in advance?
This isn’t just a WLFI issue.
If you use DeFi or Stablecoins, you can’t judge by simply thinking,
“Since it’s decentralized, it’s safe,”
or “Because it’s a well-known project, it’s trustworthy.”
It’s crucial to check not only smart contract permissions, but also governance and even the administrator structure.
Another noteworthy point is that Justin’s individual claims are set to be handled in an open court.
However,
⚠️ The outcome of the entire lawsuit hasn’t been decided yet.
What’s truly important in Crypto is:
Don’t trust, verify.
Not only “who created it,” but “who can move/control it.”
Maybe we’re entering an era where, as Token Holders, we have to look at things like this.
#TRONGlobalFriends #TRON
@TronDao_JPN #TGF
In the Justin Sun × WLFI lawsuit, the part I personally find most interesting is this.
Mr. Justin Sun is a large investor who put about $45 million into WLFI.
In this lawsuit, regarding the WLFI Token,
Freeze / Restrict / Burn
is one of the key issues being disputed.
Of course, Justin’s claims have not been confirmed as facts as-is, and WLFI has also denied them.
That’s why it’s important not only to ask,
“Does that function exist?”
but also:
👉 Who can operate it?
👉 Under what conditions can it be triggered?
👉 Can that permission be changed?
👉 Were Token Holders informed in advance?
This isn’t just a WLFI issue.
If you use DeFi or Stablecoins, you can’t judge by simply thinking,
“Since it’s decentralized, it’s safe,”
or “Because it’s a well-known project, it’s trustworthy.”
It’s crucial to check not only smart contract permissions, but also governance and even the administrator structure.
Another noteworthy point is that Justin’s individual claims are set to be handled in an open court.
However,
⚠️ The outcome of the entire lawsuit hasn’t been decided yet.
What’s truly important in Crypto is:
Don’t trust, verify.
Not only “who created it,” but “who can move/control it.”
Maybe we’re entering an era where, as Token Holders, we have to look at things like this.
#TRONGlobalFriends #TRON
@TronDao_JPN #TGF
