🚨 SHOCKING CRYPTO DRAMA: JUSTIN SUN HIT WITH $60M LOSS 🚨
Tron ($TRX) founder Justin Sun is facing one of his most brutal setbacks yet — a $60 MILLION paper loss tied to World Liberty Financial (WLFI), a Trump-backed DeFi project he heavily supported.
🔎 What happened?
• Justin Sun invested $75M in WLFI and $100M in the TRUMP memecoin
• In September, he transferred ~$9M worth of WLFI tokens
• WLFI froze his assets, accusing him of price manipulation
• Sun protested, calling the tokens “sacred and inviolable”
• The freeze remains in place — over 3 months later
📉 The damage:
According to Bubblemaps, Sun is still blacklisted, and the value of his locked WLFI tokens has dropped by $60M since the freeze.
“Sun is still blacklisted by WLFI, and the value of its locked tokens has dropped by $60 million in 3 months… absolutely brutal.”
💥 The irony:
Despite being one of the largest backers of Trump-linked crypto projects, Sun now appears to be completely sidelined.
⚠️ Big takeaway:
In crypto, influence doesn’t guarantee immunity — governance risk and counterparty control can be just as dangerous as market volatility.
👀 What do you think — political DeFi or centralized risk in disguise?
