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World Liberty Financial Shocker: Justin Sun’s Wallets Blacklisted
The drama around World Liberty Financial (WLFI) has escalated sharply. The Trump-linked project took an unprecedented step — blacklisting wallets tied to Tron founder Justin Sun. The move followed massive token transfers worth millions of dollars. Shortly after, WLFI’s price dropped more than 16%, while Sun fired back, calling it an unfair freeze of his assets.
Arkham: Sun Moved $9 Million Worth of WLFI Data from Arkham Intelligence confirmed that a wallet linked to Justin Sun transferred WLFI worth $9 million to a new address. This action came after several other transactions, including deposits on the HTX exchange, where Sun previously held an executive role. Analytics platform Onchain Lens separately reported that Sun moved 50 million WLFI ($9.12 million) into a new wallet, which indicators suggest was destined for HTX. Further data shows that in the last two days, Sun deposited over 5.28 million WLFI ($1.19 million) to HTX.
Transfers to Binance Raise More Questions Suspicions grew stronger after Wu Blockchain reported that a wallet connected to HTX moved about 60 million WLFI to a Binance deposit address within 32 hours. This sparked speculation that Sun’s tokens might soon enter broader market circulation. According to Arkham data, Sun currently controls around 595 million WLFI worth approximately $107 million — representing his unlocked allocation, roughly 20% of his total assets. At the same time, about 2.4 billion WLFI remain locked under the original investment terms.
WLFI Price Drops 16% WLFI’s decision to blacklist Sun’s addresses triggered an immediate market response. The token plunged by more than 16% in a single day to $0.1835. Although it briefly bounced back toward $0.19, selling pressure quickly returned, making it one of the steepest daily losses since launch.
Sun: “The Freeze Is Unreasonable” Justin Sun rejected the allegations, insisting the transfers were routine tests and address splits. He claimed no buying or selling took place, meaning his actions could not have affected WLFI’s price. On X, he wrote:
“Tokens are sacred and untouchable. It is unacceptable for a project to arbitrarily freeze investors’ assets. I call on the team to respect these principles and strengthen trust in the ecosystem.”
👉 The conflict between World Liberty Financial and Justin Sun has now escalated into a full-blown confrontation. For some, the blacklist is a necessary measure to protect the project from manipulation. For others, it sets a dangerous precedent that undermines the core principles of decentralization.
#JustinSun , #WLFI , #Tron , #defi , #blockchain
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