World Liberty Financial (Wlfi)The Crypto Protocol attached to Donald Trump and his family, blacklisted Thursday throne -founder and key investor Justin Sun’s blockchain address, which prevents him from transferring WLFI -tokens.
The move affects 595 million unlocked WLFI tokens held at the address at a value of approx. $ 107 million at current prices, according to Arkham Data.
The action followed the sunbed address that made several outgoing transactions of WLFI-tokens at Ethereum Blockchain-Inclusive worth a $ 9 million of tokens-display blockchain data.
Sun, translated into English from Chinese from the original X -post, said that “the address only performed a few generic exchange deposits tests, with very low quantities and then created address spread without involving purchases or sales, which could not possibly have any influence on the market.”
Representatives of Sun and World Liberty Financial did not immediately return Coindesk’s requests for comment.
WLFI tumbled 20% over the last 24 hours. It’s down 42%since it started dealing with exchanges on September 1st.
Sun, Key Investor in World Freedom
Justin Sun emerged as a central backman for the World Liberty Financial, who originally stepped in with a purchase of Token of $ 30 million and an advisory role at the end of 2024. Since then, WLFI has had rising ribbons to the tron -ecosystem and added tron’s native token trx (Trx) To his treasury and with Eric Trump, who reveal plans to launch the protocol’s USD1 stableCoin on Tron.
By mid -2025, Sun’s total investment in the protocol had grown to about $ 75 million. On the threshold of WLFI Token’s market debut, he was reported to have nearly $ 700 million worth of tokens, much of it still recorded.
Sun said Monday when WLFI launched that “We have no plans to sell our unlocked tokens at any time soon.”
