Justin Sun's Address Blacklisted After Transferring $9M WLFI Tokens

Justin Sun's address has been blacklisted after transferring $9 million in WLFI tokens, a token linked to the Trump family's crypto venture. Sun invested $75 million in WLFI in November 2024 and holds tokens worth $891.2 million. Sun's team has not commented on the issue.

In a significant move, World Liberty Financial (WLFI) has blacklisted the wallet associated with Justin Sun, the founder of Tron (TRX), following a transfer of $9 million in WLFI tokens. This action has led to the freezing of $2.4 billion worth of Sun's WLFI holdings, including $540 million in unlocked and $1.86 billion in locked assets [1].

The decision by WLFI to blacklist Sun's wallet comes amidst allegations that Sun and his exchanges have been manipulating the WLFI price action to buy low. On-chain data indicates that Sun transferred $9 million in WLFI tokens, which prompted WLFI to take action to stabilize the market [1]. Sun had previously stated his intention to hold his WLFI tokens for an extended period, despite the potential for a 100x return on investment [1].

The blacklisting of Sun's wallet has had an immediate impact on the WLFI market. Following the announcement, the WLFI price rebounded from a low of around $0.167 to trade at approximately $0.18 during the mid-North American session on September 4, 2025 [1]. This price movement reflects a potential capitulation akin to the Official Trump (TRUMP) meme, with the token experiencing a 40% drop over the past few days [1].

The blacklist has also raised questions about governance and tokenholder rights within the WLFI project. Sun's investment in WLFI, totaling $75 million, and his holdings worth nearly $891.2 million, make him one of the largest outside investors in the project [3]. The move by WLFI to blacklist Sun's wallet may be seen as a proactive measure to address market manipulation and stabilize the token's price.

Regulators may also scrutinize this incident given Sun's ongoing legal disputes and WLFI's ties to U.S. political figures. The involvement of high-profile figures like Donald Trump and his family in the WLFI project has added a layer of complexity to the regulatory landscape of the token.

References:
[1] https://coinpedia.org/news/breaking-world-liberty-finance-blacklist-justin-suns-2-4b-wlfi-triggering-price-rebound/
[2] https://cryptonewsland.com/justin-sun-claims-145-million-in-wlfi-tokens-as-project-unlocks-20-billion-token-supply-on-launch-day/
[3] https://beincrypto.com/world-liberty-freezes-justin-sun-wlfi-tokens/