Catenaa, Monday, September 08, 2025- Tron founder and HTX advisor Justin Sun urged World Liberty Financial to unfreeze his WLFI tokens after the project blacklisted his wallet address, effectively blocking him from moving or using the tokens.
Sun, an early investor in the Trump-backed DeFi platform, insisted he was “innocent” and said his assets were “unreasonably frozen.”
The blacklisting came after an address linked to Sun transferred 50 million WLFI, worth about $9 million, which later moved through multiple wallets and into HTX’s custody, according to blockchain analytics firm Arkham.
Around the same time, 60 million WLFI were also routed from HTX to Binance, sparking speculation of large-scale selling.
Sun denied selling, claiming the transactions were only “deposit tests” and dispersals.
World Liberty Financial has not commented publicly on the freeze, but the move has deepened tensions within the community.
Some investors alleged Sun broke a private agreement with the Trump team not to sell tokens, while others argued the transfers added to steep market pressure. WLFI dropped 24% Thursday before recovering slightly to $0.19.
Sun, who invested $75 million in WLFI and committed to $100 million in President Donald Trump’s TRUMP memecoin, warned that freezing tokens undermines trust. He said blockchain must be built on fairness and transparency, not unilateral decisions.
World Liberty Financial launched WLFI trading last week, marking its first days with controversy. The firm also previously purchased millions of dollars in Sun’s Tron token, TRX, underscoring their financial ties.
