World Liberty Financial’s crypto token WLFI started trading on exchanges Monday, which was great news for President Donald Trump’s family, who holds a reported 22.5 billion tokens. The move instantly created billions in wealth for America’s ruling family of fascists (at least on paper). But Justin Sun, a pro-Trump crypto billionaire who reportedly bought about $75 million of the token, says his wallets have been frozen. And nobody is sure why. The Trump family was instrumental in launching World Liberty in Oct. 2024, a highly controversial and unprecedented move given the fact that Donald Trump was running for the nation’s highest office at the time. A company controlled by the Trumps owns about 60% of the crypto firm, according to ABC News. And Trump has spent his first eight months in office doing everything he can to benefit the crypto industry. The 35-year-old Sun, an advisor to World Liberty and ally of Trump, apparently tried to transfer about 50 million WLFI ($9 million worth) on Thursday after the value of the coin crashed 40% in just a few days, according to Bloomberg. But that’s when World Liberty blacklisted Sun, about 6 hours later. And he took to X to complain about it. “To the World Liberty Financials team and the global community,” Sun wrote late Thursday on X, “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 and community, and to jointly build a strong and healthy WLF ecosystem. However, during the course of operations, my tokens were unreasonably frozen.” Sun went on to make an appeal that his wallets not be blacklisted, claiming that tokens are “sacred and inviolable,” something that sounds rather amusing in a situation like this. “As one of the early investors, I joined together with everyone—we bought in the same way, and we all deserve the same rights. I love and respect every member of this community. Tokens are sacred and inviolable—this should be the most basic value of any blockchain. It’s also what makes us stronger and more fair than traditional finance,” Sun wrote. Sun, who previously pledged not to sell his coins, seemed quite upset in his tweet Thursday, though he didn’t reveal details about why he believed his wallets were frozen. About 80% of Sun’s tokens are supposed to be locked up based on rules for early investors, according to Bloomberg. “I call on the team to respect these principles, unlock my tokens, and let’s 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—not 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.” 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 Sun acknowledged earlier Thursday in a much shorter post that he had moved some tokens, but insisted they were “tests” of “very small amounts” and that no buying or selling had happened. The tweet seemed to suggest that World Financial thought he was attempting to unload too many coins early. Our address only carried out a few general exchange deposit tests with very small amounts, followed by an address dispersion. No buying or selling was involved, so it could not possibly have any impact on the market. — H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) September 4, 2025 Typically, wallets are frozen in extreme cases, like at the request of law enforcement. But there’s nothing publicly available that would suggest Sun’s tokens were frozen for illegal activity. The billionaire has come under scrutiny in the past, though an investigation into Sun by the Securities and Exchange Commission was paused after Trump took office, according to the Wall Street Journal. Sun’s wallet wasn’t the only one that was blacklisted by World Liberty. All told, more than 270 wallets were flagged by the crypto firm over the past week, according to crypto researcher Zack Pokorny in a tweet on X. Looks like WLFI has blacklisted 272 addresses over the last week, a few of the transactions were bulk blacklists. 50 addresses here: https://t.co/wYaY2Gc18o 215 more here: https://t.co/Uc4GKTKgbT 3 more here: https://t.co/IMZ4NVsvMH — Zack (@ZackPokorny_) September 4, 2025 World Liberty isn’t Trump’s only crypto venture. The president launched his own memecoin just a few days before his inauguration on Jan. 20. Sun also invested heavily in Trump’s memecoin and attended a dinner hosted by the sitting president back in May for people who bought his crypto. First Lady Melania Trump also has her own memecoin. Both coins are down significantly since they were launched, with $TRUMP down about 90% since its peak immediately after launch. On my way to Trump dinner @GetTrumpMemes pic.twitter.com/CInPrawsvI — H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) May 22, 2025 The WLFI token is currently trading at $0.18, according to CoinMarketCap, up 4% on the day but still down 20% on the week. World Liberty and Justin Sun didn’t immediately respond to a request for comment on Friday. Gizmodo will update this article if we hear back.