WLFI vs. Justin Sun: Did the Tron Founder Just Get Shut Out of His Own Investment?

In another twist in the ongoing relationship between politics and crypto, World Liberty Financial (WLFI), a DeFi project closely tied to US President Donald Trump, has blacklisted a wallet belonging to Tron founder Justin Sun.

The move came after Sun shifted $9 million worth of WLFI tokens on Thursday, according to onchain analytics from Arkham Intelligence.

The token’s price dipped following the move, falling as much as 24% during the day.

Sun responds to wallet blacklist

Sun, a longtime supporter of both WLFI and Trump-themed tokens, pushed back on the decision in a post on X. He explained that his wallet activity consisted only of “a few generic exchange deposit tests, with very low amounts, and then created address dispersion, without involving any buying or selling.”

According to him, such movements could not have influenced WLFI’s market price.

Sun has been a significant backer of the Trump-inspired DeFi project. He invested $75 million into WLFI, serves as an advisor to the platform, and previously pledged $100 million toward Trump’s memecoin.

Earlier this year, Sun attended a gala dinner hosted by Trump, while the former president’s three sons are officially listed as co-founders of World Liberty Financial.

Community split over motives

The blacklist has sparked debate across the crypto community. Some traders view the move as heavy-handed, particularly against one of WLFI’s largest buyers.

Influencer @_BillionAireSon argued, “Justin Sun bought with his money and made profits and has the right to sell wherever and whenever he wants,” adding that Trump’s token projects appear designed to extract significant funds from the crypto market.

Another user, @KookCapitalLLC, called the decision “insanely bearish,” questioning why the project would block its most prominent supporter.

Others, however, claimed Sun may have found ways to bypass restrictions. X user @stone_meta_ alleged that Sun promoted a “20% APY” WLFI investment scheme, using deposited tokens to sell indirectly while leaving his locked wallet untouched.

According to this theory, only mass withdrawals from centralized exchanges like Huobi could prevent Sun from continuing such activity.

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