Tron founder Justin Sun has voiced frustration after the World Liberty Financial project team blacklisted his wallet containing millions of WLFI tokens.
In a post on X, Sun said he contributed not only capital but also trust as one of the earliest backers of WLFI. In particular, he invested around $45 million in its presale.
Sun revealed that despite his advisory role and commitment to the project, his unlocked tokens were “unreasonably frozen”. He stressed that blockchain should rest on fairness and transparency, warning that unilateral decisions could harm confidence in WLFI.
Why WLFI Took Action
According to data shared by Crypto Peak, Sun purchased about 3 billion WLFI tokens at the presale price of $0.015. He received an initial unlock of 600 million WLFI when the token launched on September 1.
While he publicly pledged not to sell, on-chain data showed his address later transferred roughly 55 million WLFI to other wallets.
Following this, the WLFI team blacklisted his wallet, a move they described as protecting the community from possible negative impact. Meanwhile, the team’s decision has sparked a heated discussion across the crypto community.
Nansen Analysis Clears Sun of Dumping
Blockchain analytics platform Nansen weighed in after speculation that Sun’s transactions triggered WLFI’s steep price decline. The firm’s CEO, Alex Svanevik, confirmed that their AI research agent initially flagged Sun as a cause of the dump.
However, after reviewing transaction timestamps, Nansen concluded he did not directly trigger the price crash, at most acting as an “accessory after the dip.”
Despite these clarifications, the controversy has coincided with turbulent price movements.
Interesting!
I asked the same question to the agent.
At first it thought @justinsuntron caused the dump.
Then I asked it to scrutinize the timestamps.
Conclusion seems to be: he did not.
Check screenshots from my chat with our agent: pic.twitter.com/feHu7SiZZG
— Alex Svanevik 🐧 (@ASvanevik) September 5, 2025
WLFI’s High-Profile Launch
WLFI debuted at $0.30 on September 1, peaked at $0.478 on Binance hours later, but dropped by 66% to $0.161 on September 4. At press time, the coin trades at $0.185, rebounding by 11% over the past day.
The Trump Family, affiliated with World Liberty Financial, momentarily saw their crypto portfolio exceed $6 billion amid WLFI’s public debut.
Notably, WLFI began trading with an initial circulating supply of 24.66 billion tokens, with allocations spanning ecosystem growth, ICO participants, liquidity, and marketing. Early investors received only 20% of their allocations at launch to prevent mass sell-offs.
Sun has urged the WLFI team to restore access to his tokens, reiterating his support for the community but calling for fairness and transparency. “Tokens are sacred and inviolable,” he stated. He suggests that freezing investor assets undermines the foundation of blockchain projects.
Meanwhile, at the time of this press, World Liberty Financial has not publicly responded to Sun’s concerns.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
