🚨 TRON Founder Justin Sun Hit With a $60M Loss — Blacklisted by WLFI
Justin Sun, founder of TRON ($TRX) and one of crypto’s most controversial figures, has reportedly suffered a $60 million paper loss tied to World Liberty Financial ($WLFI) — a DeFi project publicly backed by Donald Trump.
What happened? 👇
According to blockchain analytics firm Bubblemaps, Justin Sun remains blacklisted by WLFI, leaving his tokens locked and unusable.
“Sun is still blacklisted by WLFI, and the value of his locked tokens has dropped by $60 million in just 3 months… absolutely brutal.”
The Backstory 🧵
Sun invested $75M in WLFI
In September, he transferred ~$9M worth of WLFI tokens to another wallet
WLFI froze his assets, accusing him of price manipulation
Sun pushed back, calling the tokens “sacred and inviolable” and demanding equal rights
WLFI refused to lift the freeze
The Bigger Picture 📉
Total Trump-linked crypto exposure by Sun: ~$175M
$75M in WLFI
$100M in TRUMP memecoin (largest known holder)
Despite publicly supporting the project, Sun now appears unwelcome within the WLFI ecosystem
Market Reaction 📊
$TRX: $0.2836 (−0.21%)
$WLFI: $0.1307 (−1.20%)
Key Takeaway 🧠
Even billionaires aren’t immune to:
Token lockups 🔒
Governance risks
Centralized control in “DeFi” projects
Smart money still faces smart contracts.
⚠️ Disclaimer: This content includes third-party opinions and is not financial advice.
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