World Liberty Financial Blocklists Justin Sun’s $104M WLFI Holdings

World Liberty Financial (WLFI) has frozen a wallet tied to TRON founder Justin Sun, barring the sale of his 595.1 million WLFI tokens—valued at roughly $104 million. Blockchain data confirms the blocklist applies to both vested and liquid holdings in the flagged address: 0x5AB26169051d0D96217949ADb91E86e51a5FDA74.

Sun’s $75 million investment previously buoyed WLFI during its lackluster initial sales period, securing him an advisory role in the Trump-affiliated DeFi project. The MOVE follows unverified allegations of exchange-driven token dumping suppressing WLFI’s price, which has plummeted 46% since September 1.

The intervention underscores the volatile dynamics of influencer-backed crypto projects. Sun’s initial $30 million purchase in November 2023 single-handedly revived WLFI’s fundraising, which had stalled at $21 million prior to his entry.