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
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