Experts reported the freezing of WLFI tokens belonging to Justin Sun by the platform team.
This happened after transferring assets worth $9 million to the HTX exchange.
Sun demanded that the platform unfreeze the wallet, claiming that he did not sell the tokens.
The World Liberty Financial platform, according to on-chain data, blacklisted the Ethereum address of TRON founder Justin Sun amid a possible transfer of WLFI tokens worth $9 million. This was stated by Arkham experts.
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 that time at $9.12 million, to the HTX exchange.
This coincided with the asset's decline, which is visible on the daily chart. At the time of writing, the depth of the correction is 3.3% as the price has partially recovered:
Justin Sun is one of the early investors in WLFI. In light of this, experts suggested that his wallet was blacklisted due to a possible violation of vesting conditions.
The situation was also commented on by Nansen CEO Alex Svanevik. He published correspondence with the platform's agent, concluding that the asset's price was not crashed by Justin Sun.
His conclusions resonate with a report from an analyst under the pseudonym AntCaveClub. The latter believes that the asset's price fell due to profit-taking by a group of early investors, while Sun simply 'got caught in the crossfire'. According to him, the total volume of the sell-off amounted to 170 million WLFI.
Directly, Sun stated that he made only a few test deposits before redistributing assets. He claims that there was no token sale, so the tranche could not have affected the price.
He also confirmed the fact of the wallet being blocked:
"As one of the first major investors in World Liberty Financial, I invested not only capital but also my trust and support in the future of this project. My goal has always been to grow alongside the team and the community and to collaboratively create a strong and healthy WLF ecosystem. However, during operations, my tokens were unjustly frozen."
He urged the project team to unfreeze his assets, as he deserves 'the same rights as other early investors'. At the time of writing, World Liberty Financial itself had not commented on the situation.
The WLFI token began trading on September 1, 2025. Early investors bought it for $0.015 and are still 'in the black', despite the decline in value in the following days.