Justin Sun Blacklisted by WLFI

WLFI blacklists Justin Sun after token transfer to HTX.

The DeFi project of the Trump family, World Liberty Financial (WLFI), has blacklisted the address of TRON founder Justin Sun. This occurred following the transfer of 50 million WLFI tokens to the HTX exchange.

JUST IN: JUSTIN SUN’S ADDRESS BLACKLISTED FOR TRANSFERRING $9M $WLFI pic.twitter.com/O25281D7mi

— Arkham (@arkham) September 4, 2025

According to on-chain data, the block occurred immediately after a $9 million transaction. 

This has led to speculation that the WLFI team is preventing large holders from selling tokens and pressuring the price during the first week of trading.

Sun commented on the situation on X. He stated that he was conducting “routine deposit tests” with small amounts of WLFI. According to him, the actions were not related to buying or selling and could not impact the market.

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

Previously, Sun, who participated in the WLFI presale, stated that he “would not sell unlocked tokens in the near future.” He spoke of a long-term vision for the project.

WLFI trading began on September 1. After rising to $0.32, the token price fell below $0.18. To support the rate, the project burned 47 million tokens and proposed a buyback program using protocol fees. The total WLFI issuance is 100 billion.

Company representatives stated that compromised wallets were blacklisted to protect user funds.

2/
Security: we blocked hacker attempts stemming from end-user compromises (not an exploit of WLFI). The following transactions show a WLFI-designated wallet executing mass blacklisting of wallets identified as compromised (private-key loss) prior to launch. These onchain actions…

— WLFI (@worldlibertyfi) September 2, 2025

According to WLFI, a designated wallet executed transactions for “mass blacklisting” and disabled compromised accounts. The team emphasized that the incidents were caused by users losing their private keys.

Back on September 1, SlowMist founder Yu Jian reported that hackers were exploiting a vulnerability in an Ethereum update to steal WLFI. Analysts at Bubblemaps discovered “complex clones”—smart contracts mimicking the project.