{"id":163236,"date":"2025-09-05T09:03:26","date_gmt":"2025-09-05T09:03:26","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/trump-crypto-news-world-liberty-financial-blacklists-justin-suns-address-with-107m-wlfi-coindesk\/"},"modified":"2025-09-05T09:03:26","modified_gmt":"2025-09-05T09:03:26","slug":"trump-crypto-news-world-liberty-financial-blacklists-justin-suns-address-with-107m-wlfi-coindesk","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/trump-crypto-news-world-liberty-financial-blacklists-justin-suns-address-with-107m-wlfi-coindesk\/","title":{"rendered":"Trump Crypto News: World Liberty Financial Blacklists Justin Sun&#039;s Address With $107M WLFI &#8211; CoinDesk"},"content":{"rendered":"<p>World Liberty Financial <!-- -->(WLFI)<!-- -->, the crypto protocol linked to Donald Trump and his family, on Thursday <a href=\"https:\/\/etherscan.io\/tx\/0x0230880850ae1daebdb1a9984f0f6b1601390bbe4738152556738aa901862d74\" target=\"_blank\">blacklisted<\/a> Tron founder and key investor Justin Sun&#x27;s blockchain address, impeding him from transfering WLFI tokens.<br \/>The move affects 595 million unlocked WLFI tokens held on the address, worth roughly $107 million at current prices, according to Arkham data.<br \/>The action followed the Sun-linked address making several outbound transactions of WLFI tokens on the Ethereum blockchain \u2014 including one for $9 million worth of the tokens \u2014 blockchain data shows.<br \/>Sun, in a translated post on X, said that the &quot;address only conducted a few generic exchange deposit tests, with very low amounts, and then created address dispersion, without involving any buying or selling, which could not possibly have any impact on the market.&quot;<br \/>In a later statement Sun urged the WLFI team to unblock his tokens.<br \/>&quot;I call on the team to respect these principles, unlock my tokens, and let\u2019s move forward together toward the success of World Liberty Financials. I believe that a truly great financial brand must be built on fairness, transparency, and trust\u2014not on unilateral actions that freeze investor assets. Such measures not only violate the legitimate rights of investors, but also risk damaging broader confidence in World Liberty Financials,&quot; said.<br \/>Representatives for Sun and World Liberty Financial did not immediately return CoinDesk&#x27;s requests for comment.<br \/>WLFI tumbled 20% over the past 24 hours. It&#x27;s down 42% since it started trading on exchanges on Sep. 1.<br \/>Justin Sun emerged as a central backer of World Liberty Financial, initially <a href=\"\/business\/2024\/11\/26\/justin-sun-joins-donald-trumps-world-liberty-financial-as-adviser\">stepping<\/a> in with a $30 million token purchase and an advisory role in late 2024. Since then, WLFI has had increasing ties to the Tron ecosystem, <a href=\"\/markets\/2025\/01\/22\/trump-affiliated-world-liberty-financial-makes-another-trx-buy\">adding<\/a> Tron&#x27;s native token TRX <!-- -->(TRX)<!-- --> to its treasury and with Eric Trump <a href=\"\/business\/2025\/05\/01\/world-liberty-s-stablecoin-will-be-used-to-close-mgx-s-usd2b-binance-investment-eric-trump\">revealing plans<\/a> to launch the protocol&#x27;s USD1 stablecoin on Tron.<br \/>By mid-2025, Sun\u2019s total investment in the protocol had grown to about $75 million. On the eve of WLFI token&#x27;s market debut he was <a href=\"https:\/\/info.arkm.com\/research\/justin-sun-wlfi-launch-world-liberty-trump\" target=\"_blank\">reported<\/a> to hold nearly $700 million worth of tokens, much of it still vesting-locked.<br \/>Sun <a href=\"https:\/\/x.com\/justinsuntron\/status\/1962522143390056830\" target=\"_blank\">said<\/a> on Monday, when WLFI launched, that &quot;we have no plans to sell our unlocked tokens anytime soon.&quot; <br \/>UPDATE <!-- -->(Sept. 5, 05:00 UTC)<!-- -->: Adds latest statement from Justin Sun.<\/p>\n<p>More For You<br \/>The Protocol: Solana Community Approves Alpenglow Upgrade<br \/>Also: ETH Foundation to Sell 10K ETH, A Conversation with Bruce Liu, and Ethereum&#x27;s Holesky Testnet to Sunset After Fusaka.<br \/>What to know<!-- -->: <br \/>This article is featured in the latest issue of <a href=\"\/newsletters\/the-protocol\/\">The Protocol<\/a>, our weekly newsletter exploring the tech behind crypto, one block at a time. <a href=\"\/newsletters\/the-protocol\/\">Sign up here<\/a> to get it in your inbox every Wednesday.<br \/>About<br \/>Contact<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMitAFBVV95cUxQUTFDSmR4SDA3RkJvMXp6cTJrV3JHcEltdEFsWUhEVEpsUXVka0d3YUZBTlhmaTM3YUlqdFZOMUlMbnFuU0RMRmlUckN4RWE3elpmeXA2RjJVMnRnTzI3VVdtRzVqRzViNXpDN1BXdG9FMDFYTldaRC03aDNsN244TjBsMDY2ZmdrT1pDWVhZM1ZPYl83X0stVnZGYUJsRWctVEd6TmlicTdCY3RyOEpkM2hOQnU?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Liberty Financial (WLFI), the crypto protocol linked to Donald Trump and his family, on Thursday blacklisted Tron founder and key investor Justin Sun&#x27;s blockchain address, impeding him from transfering WLFI tokens.The move affects 595 million unlocked WLFI tokens held on the address, worth roughly $107 million at current prices, according to Arkham data.The action [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":163237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-163236","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/163236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=163236"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/163236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/163237"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=163236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=163236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=163236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}