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What if the dev could lock your wallet without you knowing?
They can. It's called a freezable token.
Freezable tokens are written with a freeze function built into the contract, which is basically a hidden switch the dev keeps access to after the token launch. To be fair, freeze authority isn't always malicious. Legitimate projects sometimes use it for security reasons or regulatory compliance.
However, in the wrong hands, it can be used to blacklist your specific wallet address. Once triggered, you're blocked from making any transfers.
Your balance stays the same, and the tokens you've bought are still sitting there. You just can't send, sell, or move them, ever.
Most assume if they can buy, they can sell, which is not always true.
What makes this different from a honeypot? A honeypot is a trap where the sell tax is set so high (up to 100%) so no one can exit profitably.
Everyone who buys gets caught.
A freezable token is more surgical. It's a separate admin function that lets the dev freeze specific wallet addresses individually, even weeks after launch. The rest of the holders can sell freely. You're the one who can't move.
Always DYOR before apeing!
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