Trump’s Altcoin WLFI Explains Why It Froze Justin Sun and Other Users’ Assets

World Liberty Fi (WLFI), the cryptocurrency project backed by Donald Trump and his sons, has made an official statement regarding the wallet blacklistings that have been on the agenda in recent days.

The project team responded to community concerns, stating that blacklisting is only for user protection purposes and will never interfere with normal market activities.

According to the statement, a total of 272 addresses have been blacklisted in the past few days. This number represents a relatively small portion of the total number of investors. These steps are intended as temporary measures to prevent harm to vulnerable users.

According to the details:

• 215 addresses (79%) were linked to phishing attacks. The WLFI team said it intervened to prevent the hackers from transferring the funds and attempted to secure the assets by contacting the rightful owners.
• 50 addresses (18.4%) were reported to support by their owners as stolen. These wallets were blacklisted for protection at the user’s request.
• 5 addresses (≈1.8%) were flagged for high-risk exposure (security risk under review).
• 1 address (≈0.4%) suspected of embezzling funds from other owners; under extensive internal review.

The WLFI team emphasized that they do not arbitrarily ban any accounts, saying, “Our goal is the safety of our community members. No accounts will be blocked due to normal market operations.”

This development follows a controversy that erupted just days after the WLFI token’s launch. Cryptocurrency entrepreneur Justin Sun previously revealed on social media that he had been blocked from accessing his WLFI assets, fueling criticism of the Trump family’s move into digital assets.

*This is not investment advice.

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