NewsBTC

5 September 2025

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World Liberty Financial Blacklists Justin Sun After Token Transfer Controversy

World Liberty Financial has blacklisted an address linked to Justin Sun amid allegations of market manipulation following his WLFI token transactions.

Key Events

• Justin Sun's address was blacklisted after transferring WLFI tokens, raising concerns about selling activity.
• Sun held 600 million WLFI tokens valued at $200 million during the Token Generation Event.
• He moved 4.9 million WLFI to HTX and transferred 50 million tokens worth $9.12 million to a new wallet.
• Blacklisting froze Sun’s unlocked and 2.4 billion locked WLFI tokens.
• In response, Sun claimed his actions were test deposits and did not influence the market.

WLFI Price Movement

• WLFI hit an all-time low of $0.16 before recovering to $0.18, marking a 20% decline in 24 hours.
• The token has dropped nearly 45% from its all-time high of $0.33.
• Analysts indicate potential further declines of 25%-50% after losing key support at $0.20.