Trump Deprived Justin Sun of Millions

The scandal surrounding the World Liberty Financial (WLFI) project, associated with Donald Trump's family, continues. Tron founder Justin Sun, who invested $75 million in this Trump family project, still cannot access his $WLFI tokens. According to blockchain analytics, his assets were blocked after "test" transactions, and over four months, the token price has fallen by about 50%, leading to significant losses.

Investment and Initial Success

Justin Sun, a well-known crypto entrepreneur and founder of the Tron blockchain, became one of the largest investors in World Liberty Financial - a decentralized finance project launched by Donald Trump's sons. In January 2025, shortly before Trump's inauguration, Sun announced the purchase of $WLFI tokens worth $75 million. Overall, his investments in Trump-related projects reached $175 million, including $100 million in the meme-coin TRUMP.

For these investments, Sun received about 3 billion $WLFI tokens (of which approximately 595 million were unlocked). At its peak, the token price reached about $0.28, valuing his holdings at $850 million. Sun publicly supported the project, appearing at events with Eric Trump and stating long-term collaboration.

Token Blocking

Problems began immediately after the Token Generation Event (TGE) in early September 2025. According to on-chain data, Sun conducted "test" transactions, transferring about 50 million $WLFI tokens (worth $9 million) to addresses associated with exchanges like HTX and Binance. This occurred amid a 40% drop in the token price - from $0.30 to $0.19.

The WLFI team reacted quickly: they blocked Sun's address, freezing 595 million unlocked tokens (worth about $107 million at the time) and another 2.4 billion locked ones. The project explained this as "suspicious activity" that allegedly suppressed the token price and threatened the community. In total, WLFI blocked 272 wallets, citing security measures against phishing and manipulations.

Sun denied any manipulations, claiming the transactions were routine and did not affect the market. He publicly appealed to the WLFI team to unblock the assets, emphasizing decentralization principles:

"Tokens are sacred and untouchable – this is the core value of any blockchain."

He even offered to buy another $20 million in related assets to demonstrate support.

Losses and Criticism

As of December 23, 2025, four months after the incident, the block has not been lifted. The $WLFI price has dropped to about $0.14, representing a 50% fall from the peak. According to analysts from Bubblemaps and Arkham, Sun's frozen tokens have lost about $60 million in value since the blocking. His current holdings are valued at $74 million for the unlocked tokens, but the total amount remains inaccessible.

This case has sparked widespread discussion in the crypto community. Critics call WLFI "the new mafia," pointing to a lack of transparency and potential conflicts of interest, especially considering Trump's political connections. Some analysts, like those from Nansen, believe the blocking saved the community from collapse, but others see it as a violation of decentralization principles. There have even been letters to the SEC demanding an investigation into Sun's and Trump's business ties.

Justin Sun's story with WLFI highlights the risks of investing in politically connected crypto projects. While Sun continues to publicly support Trump, his losses are growing, and unblocking is not on the horizon. Will this become a precedent for other investors? The community awaits updates, but for now, WLFI remains at the center of controversies, demonstrating how "financial freedom" can turn into a trap.