Justin Sun’s WLFI Blacklisted After $9M HTX Transfer

* Tron founder’s wallet blacklisted after transferring $9 million in WLFI to HTX. * Sun states transfers were minor tests and reaffirms long-term commitment to project. On September 4, 2025, Tron founder Justin Sun transferred $9 million worth of WLFI tokens to the crypto exchange HTX, after which authorities blacklisted his wallet. The action froze 540 million unlocked and 2.4 billion locked WLFI tokens, raising concerns about trading restrictions and potential price manipulation during the token's public market debut. In a social media post on September 4, Sun addressed the issue, clarifying that his wallet activity was limited to small-scale deposit tests and address dispersions. He emphasized that these actions did not involve buying or selling tokens or impact market dynamics. Furthermore, Sun reiterated his commitment to the WLFI project, stating he has no immediate plans to sell his unlocked tokens, which signals a long-term perspective. WLFI, a decentralized finance project backed by Donald Trump, recently launched with notable market volatility. After an initial price spike, the token experienced a dramatic downturn, drawing heightened scrutiny to its trading patterns. According to CoinMarketCap data on September 4, World Liberty Financial (WLFI) traded at $0.187 as of 19:15 UTC, a price reflecting a 13.517% drop in 24-hour trading volume.