福禄寿 UV DAO|6月 07, 2026 02:16
Let's all take a look at WLFI's seven deadly sins. The first crime: private grievances and public compensation, blaming innocent retail investors (user instrumentalization)
The commercial litigation dispute between WLFI and HTX is only a personal grudge between the two parties. But WLFI abandons legal negotiation and judicial channels, unjustly shifting the conflict onto all ordinary users. All frozen HTX users are investors who have engaged in normal and compliant trading without any violations, but their assets have been uniformly frozen. WLFI forcibly uses innocent retail investors as bargaining chips, openly trampling on the basic contractual bottom line between the project and users.
Second offense: Under the guise of compliance, engaging in malicious retaliation (false compliance)
WLFI's use of UK sanctions as an excuse for freezing is purely a deliberate distortion of rules. This sanction is only targeted at specific independent legal entities and has nothing to do with HTX online exchanges and ordinary user assets. HTX has officially denied the rumors, and mainstream platforms such as Binance and OKX have not followed up with the freeze. WLFI disregards industry consensus and facts, using compliance issues to cover up their own interests, which is essentially a blatant malicious retaliation.
The third crime: decentralized fraud, leaving a backdoor for dictatorship (faith fraud)
WLFI has long touted decentralization, code as law, and user asset autonomy to harvest user trust and traffic. In fact, the contract has a built-in guardian blacklist super backdoor, which allows project parties to bypass all decentralized processes such as community voting and on chain governance, arbitrarily block addresses, and freeze all user assets. Human permissions override code rules, completely deceiving all users who trust its decentralized narrative.
Fourth offense: repeated wrongdoing, abuse of super authority (habitual offender committing wrongdoing)
The indiscriminate freezing this time is not accidental, WLFI is a habitual offender who has committed illegal acts. In September 2025, it unjustifiably blacklisted a single wallet address and froze over $100 million in token assets without any reasonable basis. Nowadays, the evil deeds have escalated from targeting a single entity to indiscriminately suppressing ordinary users across the entire platform, repeatedly abusing super permissions and trampling on industry rules without any remorse.
The fifth sin: ingratitude, lack of industry structure (moral corruption)
When the relationship between WLFI and HTX broke down and there was the greatest controversy in public opinion, HTX always adhered to the industry pattern, did not remove its tokens, restrict deposits and withdrawals, or make things difficult for users, and never implicated ordinary investors due to subject disputes. But this tolerance and dignity were exchanged for WLFI adding insult to injury. During the low period when HTX encountered public opinion turmoil, WLFI took the opportunity to freeze user assets, which is a typical example of repaying kindness with ingratitude and betraying the industry's moral consensus.
The sixth crime: operating poorly, freezing assets to plunder users in disguise
After the launch of WLFI, the coin price continued to plummet and the valuation significantly shrank, causing the project to experience a comprehensive downturn. In the face of the downturn, the project team has zero repurchase, zero liquidity support, zero market value management, zero ecological construction, and zero community communication, completely failing to fulfill their responsibilities. To cover up operational incompetence and prevent users from selling, forcibly freezing user assets to maintain a stable false market, and extending their lives by controlling user assets, is essentially a disguised plunder of individual investors' rights and interests.
Seventh sin: Setting an extremely evil precedent and destroying the core values of Web3 (industry culprits)
WLFI's operation has set the worst dangerous precedent in the encryption industry. It completely breaks the core cornerstone of Web3, which emphasizes user asset sovereignty and code supremacy. If this evil behavior is tacitly approved, all project parties can freely find reasons to freeze user assets in the future, and industry competition will become bottomless mutual harm. Retail investors' assets will be completely unprotected, and decentralized narratives will become scams. WLFI's selfishness has shaken the value foundation of the entire industry.
The seven crimes are irrefutable and irrefutable. WLFI, under the guise of decentralization, engages in dictatorial plunder without any bottom line, integrity, pattern, or responsibility. Its own wrongdoing harms all users and the entire encryption industry, and it must publicly apologize and plead guilty to the victimized users and the entire industry!
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