Breaking: World Liberty Finance Blacklist Justin Sun’s $2.4B WLFI Triggering Price Rebound

World Liberty Financial, a fast-growing DeFi project backed by U.S. President Donald Trump, has blacklisted one of its whale investors to reverse the WLFI market crash. According to on-chain data, World Liberty Financial blacklisted Justin Sun, the founder of Tron (TRX), after making a transfer of $9 million in WLFI.

As a result, Sun’s WLFI trove, consisting of $540 million in unlocked and $2.4 billion in locked assets, was frozen. The World Liberty Financial team noted that they believe Sun and his exchanges have been manipulating the WLFI price action, possibly to buy low.

Previously, Sun had pledged to hold his WLFI tokens for a long time in addition to his support for the USD1 stablecoins. At the time of this writing, Sun had not issued a statement regarding his frozen WLFI holdings.

WLFI Price Rebounds on Sun’s Blacklisted Accounts

Following the news of Sun’s account blacklist, WLFI price rebounded from a range low of about $0.167 to trade about $0.18...

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