- Justin Sun, advisor and major investor in World Liberty Financial, had a significant number of his WLFI tokens blacklisted by the project’s team.
- The blacklist action followed the movement of Sun’s tokens from his wallet to cryptocurrency exchanges.
- World Liberty Financial has used blacklisting rarely, with only four addresses currently affected.
- Sun’s address holds 99.9% of all tokens that are currently blacklisted within the project.
- The project holds several Justin Sun-affiliated tokens, including those from Tron and Wrapped Bitcoin (WBTC).
World Liberty Financial, which has ties to the Donald Trump sphere, blacklisted a large portion of Justin Sun’s WLFI tokens after his team moved them from Sun’s wallet to various exchanges. Sun is both an advisor to the project and its largest investor.
According to blockchain records, World Liberty Financial has only blacklisted four wallet addresses. One of these belongs to Justin Sun, who controls almost all the WLFI tokens that are currently frozen. The remaining three addresses have links to other notable crypto wallets and were initially funded from sources like Binance.
The team behind World Liberty Financial has generally avoided using the blacklist feature. Direct listings on Etherscan show the blacklisted addresses as still active. One of these addresses, attributed to “TRON DAO,” is where Sun’s WLFI tokens were deposited. Project records note, “a decision over which no DAO was consulted.”
In addition to Sun’s involvement as an investor and advisor, World Liberty Financial has added other cryptocurrencies with connections to Sun into their holdings. This includes tokens from both TRON, which Sun founded, and Wrapped Bitcoin (WBTC), where he holds an advisory role.
For further details and continual updates, readers can visit Etherscan. Additional information on the conflict and token status can be found through related news sources and official channels.
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