WLFI Blacklists Justin Sun’s $107M Address

World Liberty Financial (WLFI), a crypto project tied to U.S. President Donald Trump and his family, has blacklisted Tron founder Justin Sun’s blockchain address containing 595 million WLFI tokens worth about $107 million. According to Arkham data, the move followed outbound transfers from Sun’s wallet, including one worth $9 million.

Sun rejected claims of wrongdoing, saying the address only performed “generic exchange deposit tests” and dispersed tokens without impacting the market. He later called on WLFI to unblock his holdings.

Neither Sun’s team nor WLFI responded to CoinDesk’s requests for comment. The decision comes at a crucial time as WLFI has already dropped 42% since debuting on September 1, with another 20% decline in the past 24 hours. The case underscores the risks surrounding protocol governance and investor confidence, especially when tokens worth millions can be frozen by unilateral action. This controversy may further erode WLFI’s fragile market position.

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