Justin Sun has lost access to tens of millions of dollars worth of WLFI tokens
Justin Sun’s address at World Liberty Financial has been blocked for over three months.
23.12.2025 - 10:45
272
3 min
0
Key points:
- Justin Sun invested a large sum in World Liberty Financial, but his address remains on the project’s blacklist.
- The value of frozen WLFI tokens has decreased by approximately $60 million during this time.
- Sun insists on his innocence, while the WLFI token has lost more than 40% of its value since its launch.
Justin Sun became one of the biggest supporters of the DeFi project World Liberty Financial, which is associated with Donald Trump. However, despite his massive financial support, his address has remained blocked within the project’s ecosystem for more than three months now.
Bubblemaps analysts note that the wallet associated with Sun is still under restrictions. During this time, the value of WLFI tokens, to which he has no access, has decreased by approximately $60 million.
Sun himself stated in the fall that he had not violated the platform’s rules. Nevertheless, the block was imposed after he transferred approximately $9 million worth of WLFI. This decision came as a surprise to the crypto community, given his active involvement in the project’s development.
In total, Sun invested approximately $175 million in crypto initiatives related to Trump. Of this, $100 million went toward purchasing the TRUMP meme coin, and another $75 million went toward the WLFI governance token. This made him the largest holder of TRUMP and earned him an invitation to a private dinner with Trump, where he received a personalized Golden Tourbillon watch.
Justin Sun has been blacklisted by WLFI
Critics say that such unilateral actions undermine the principles of decentralization
The WLFI smart contract restricted transactions to addresses associated with Sun, completely freezing the tokens. The crypto entrepreneur insists that he acted in good faith and was counting on long-term cooperation, and considers the block to be unjustified.
Since WLFI’s market launch in September, its price has fallen by more than 40%. It is known that Donald Trump’s three sons are among the co-founders of World Liberty.
Useful material?
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026

Telegram
Twitter