In a move that screams, “Hold my crypto,” World Liberty Financial (WLFI)-yes, the crypto protocol hanging out with the Trump family-decided to blacklist a wallet owned by none other than Justin Sun, the Tron guy who clearly likes to play with billion-dollar toys. On Thursday, they hit pause on 595 million unlocked WLFI tokens, conveniently worth about $107 million. No big deal, right?
According to blockchain paparazzi at Arkham Intelligence, at the very punctual hour of 09:18 UTC, Sun’s wallet (0x5AB-because nothing screams “trustworthy” like a cryptic alphanumeric) sent a cool $8.89 million over to another address, which promptly got slapped with the blacklist equivalent of a digital time-out. Red flags? More like red fireworks. 🎆
JUST IN: JUSTIN SUN’S ADDRESS BLACKLISTED FOR TRANSFERRING $9M $WLFI
– Arkham (@arkham) September 4, 2025
Sun, clearly channeling his inner damage control specialist, hopped on X to assure us all that this wasn’t a shady sale-it was “a few generic exchange deposit tests” (because nothing says “totally innocent” like running tests with multi-million dollars). He promised it was more boring than a sleepy Sunday marathon and couldn’t possibly shake the market. Sure, Justin, and I’m definitely not just binge-watching Netflix right now.
And the cherry on top? This $9 million flirtation only cost $0.69 in gas fees. Less than a latte, but with slightly higher stakes. The cash took a scenic route from Sun’s Ethereum address, through the WLFI smart contract, and landed someplace no one’s allowed to touch now. 🚫
Sun’s Wallet Drama Throws Shade on WLFI’s Future
This move adds to WLFI’s mounting “Why are we even surprised?” moments. Already under the microscope for its colorful backers and political hookups, the token’s price tanked over 21% in 24 hours. Oops.
Justin’s been busy too-shuffling funds like a casino dealer with WLFI, USDT, and a soupçon of other tokens. His crypto stash is still sitting pretty above $2.25 billion, starring TRX, stETH, BTC, and a cryptic double-AETHWETH (because why not?).
Blacklisting a wallet tied to a crypto celeb like Sun is like the wild west getting a new sheriff. It highlights the giant, gaping compliance holes in DeFi and the high-wire act of managing millions in opaque tokens.
Now, all eyes are on WLFI: is this a one-time “oops” or the start of a regulatory roast? Investors and regulators alike are gripping their popcorn-because the real show is just beginning, and who gets flagged next might be the juiciest plot twist yet.
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2025-09-05 00:05