According to on-chain data, the World Liberty Financial platform has blacklisted the Ethereum address of TRON founder Justin Sun amid a possible $9 million transfer of WLFI tokens, according to Arkham experts.
JUST IN: JUSTIN SUN’S ADDRESS BLACKLISTED FOR TRANSFERRING $9M $WLFI pic.twitter.com/O25281D7mi
– Arkham (@arkham) September 4, 2025
The fact of the transfer was also pointed out by Onchain Lens experts. According to their data, Justin Sun transferred 50 million WLFI, valued at $9.12 million at the time, to the HTX exchange.
This coincided with the asset’s drawdown, which can be seen on the daily chart. At the time of writing, the depth of the correction is 3.3% as the exchange rate has partially recovered:
Justin Sun is one of the early investors in WLFI. With this in mind, experts assumed that his wallet was blacklisted due to a possible violation of the terms of vesting.
The situation was also commented on by Nansen CEO Alex Svanevik. He published a correspondence with the agent of the platform, following the results of which he came to the conclusion that it was not Justin Sun who collapsed the rate of the asset.
His conclusions echo the report of an analyst under the pseudonym AntCaveClub. The latter believes that the price of the asset fell due to profit taking by a group of early investors, while Sun simply “got under the hot hand”. According to his data, the total sell-off amounted to WLFI 170 million.
San himself directly stated that he only made a few test deposits before reallocating assets. He claims that there was no token sale, hence the tranche could not have affected the exchange rate.
He also confirmed the wallet lockout:
“As one of the first major investors in World Liberty Financial, I have invested not only capital, but also my trust and support in the future of this project. My goal has always been to grow with the team and community and to co-create a strong and healthy WLFI ecosystem. However, during operations, my tokens were unreasonably frozen.”
He called on the project team to unfreeze his assets as he deserves “the same rights as other early investors.” World Liberty Financial itself has not commented on the situation at the time of writing.
The WLFI token began trading on September 1, 2025. Early investors bought it at $0.015, and are still “in the plus” despite the fall in value in the following days.