Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Billionaire Justin Sun begs Trump-backed World Liberty Financial to unfreeze $100 million crypto stash

Justin Sun's wallets were frozen after $9 million in token transfers triggered blacklisting by World Liberty Financial, despite his pledge to support the project with $20 million in new investments.

  • On Thursday, World Liberty Financial blacklisted Justin Sun's address, freezing 540 million unlocked and 2.4 billion locked WLFI tokens worth more than $3 billion, while Sun called the freeze 'unreasonable' and urged WLFI to unlock his allocation.
  • Blockchain trackers flagged a $9 million WLFI transfer from Justin Sun to HTX and Binance after WLFI's 40% price drop since Monday to around 19 cents.
  • In a follow-up post, Justin Sun pledged to market-buy $10 million of WLFI token and $10 million of ALTS to demonstrate his continued support, arguing tokens are "sacred and inviolable" and appealing for his wallets to be unlocked.
  • The freeze risks alienating a major WLFI backer and highlights WLFI's close ties to President Donald Trump and his sons, cofounders who helped launch the project.
  • Amid broader blacklisting activity, WLFI flagged more than 270 wallets last week, highlighting enforcement after on-chain trackers flagged transfers, while Justin Sun faced paused SEC scrutiny after Trump's inauguration.
Insights by Ground AI
Does this summary seem wrong?

17 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coingape broke the news in on Friday, September 5, 2025.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal