Justin Sun Claims His WLFI Tokens Were “Unreasonably Frozen”
Tron founder and billionaire investor Justin Sun has publicly stated that his holdings in the Trump-linked project World Liberty Financial (WLFI) were unfairly frozen shortly after the token’s market debut.
Sun reportedly invested more than $75 million into WLFI, acquiring around 545 million tokens. However, his wallet was blacklisted by the project’s “guardian address,” leaving him unable to move or sell his assets.
Following the freeze, the price of WLFI dropped sharply from over $0.30 to around $0.18, raising alarm among traders and investors.
WLFI representatives explained that wallet restrictions are only applied in cases of “suspicious or high-risk activity.” Blockchain trackers pointed to a $9 million transfer by Sun to the crypto exchange HTX as the possible reason behind the decision.
Sun has denied attempting to sell early and described the freeze as a violation of core blockchain principles. Meanwhile, community concerns about centralization continue to grow, as reports suggest that more than 270 WLFI wallets have already been restricted.
