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Trump Family-Linked World Liberty Financial Blacklists Justin Sun's Wallet: Tron Founder Says, 'No Buying Or Selling Was Involved'

World Liberty Financial froze $540 million in unlocked WLFI tokens owned by Justin Sun after he transferred $9 million to exchanges, sparking a 42% token price drop and manipulation concerns.

  • Thursday, World Liberty Financial blacklisted a blockchain address tied to Justin Sun on the Ethereum blockchain, freezing $540 million unlocked and 2.4 billion locked WLFI tokens held there.
  • The move followed outbound transfers from a Sun-linked wallet, including a 50,000,000 WLFI transfer worth $9.11 million, with Arkham flagging these to exchanges.
  • Sun denied selling on X, saying the address did `few general exchange deposit tests` and `No buying or selling was involved, so it could not possibly have any impact on the market`, while Arkham posted Etherscan evidence that World Liberty Financial blocked token transfers.
  • WLFI tumbled to a weekly low of $0.18, reflecting a 61% drop from earlier highs; retail traders who bought above $0.33 face 45% losses, while early WLFI investors hold 10x+ gains.
  • The TGE unlocked 20% of the 100 billion supply on September 1, 2025, adding an estimated $5 billion to the Trump family's paper wealth as WLFI's value neared $7 billion.
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Bitcoinist broke the news in on Thursday, September 4, 2025.
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