World Liberty Financial (WLFI), the cryptocurrency project run by US President Donald Trump and his family, has blacklisted Justin Sun’s address. The WLFI team said it has frozen 540 million unlocked free tokens and 2.4 billion locked tokens.
The blacklisting occurred after Sun moved approximately $9 million worth of WLFI and HTX sent millions of tokens to Binance during a period of extreme market selling pressure.
This sudden decision shocked the crypto market, and Tron (TRX) founder and HTX advisor Justin Sun also reacted.
Sun went to X to plead his innocence and demand the release of his WLFI tokens.
In his post on his X account, the famous name said that WLFI transfers were small tests that had no impact on the market.
Sun stated that his address was only used for a few routine exchange deposit tests of very small amounts, and the funds were then distributed to specific addresses.
Sun claimed that he was not involved in any trading and that his actions could not have any impact on the market.
“Our address only conducted a few small, routine exchange trading tests. Tokens were distributed to specific addresses and we were not involved in any trading, so they had no impact on the market,” Justin Sun wrote in another post.
I Have the Same Rights as Other WLFI Investors!
Sun then argued that he purchased WLFI like everyone else and “has the same rights,” and that his tokens are sacred and inviolable.
“As one of the first major investors in World Liberty Financials, I have contributed not only capital but also confidence and support to the future of this project. My goal has always been to grow alongside the team and community and build a strong and healthy WLF ecosystem.
However, my tokens were unreasonably frozen during the execution of transactions.
I call on the team to respect the principles, unlock my tokens, and move forward together towards the success of World Liberty Financials.”
Responding to Nansen CEO Alex Svanevik’s post detailing the situation, Sun said, “I am innocent.”
To the World Liberty Financials team and the global community,
As one of the early major investors in World Liberty Financials, I have contributed not only capital but also my trust and support for the future of this project. My goal has always been to grow alongside the team…
— H.E. Justin Sun 👨🚀 (Astronaut Version) (@justinsuntron) September 5, 2025