In This Article
A wallet address tied to Tron founder Justin Sun was blacklisted yesterday (September 4) after transferring 50 million WLFI tokens, worth about $9 million, to the crypto exchange HTX. TRX price has fallen -1% on the day following the drama, while WLFI has climbed +2.5%, posting its first green day since launching on September 1.
The blacklisting of the Sun-linked wallet has drawn considerable attention, as the Tron founder serves as an advisor to HTX and regularly promotes the exchange on his social media accounts.
JUST IN: JUSTIN SUN’S ADDRESS BLACKLISTED FOR TRANSFERRING $9M $WLFI pic.twitter.com/O25281D7mi
— Arkham (@arkham) September 4, 2025
World Liberty Financial Quiet Regarding The Blacklisted Wallet While Justin Sun Speaks Out
Blockchain analytics company Arkham flagged the address soon after the transfer was made. By blacklisting the wallet, it now prevents the address from sending or receiving tokens within a project’s smart contract system.
It is a mechanism often utilized during new token launches to limit suspected manipulation or manage liquidity. Rumors are circulating that the World Liberty Financial team was involved in getting the Sun-linked wallet blacklisted, although the team hasn’t commented on the situation yet.
However, Sun has spoken out, stating on X that the address had been used for “routine deposit tests” with small amounts of WLFI and that there had been “no buying or selling.” He insisted the transfers could not have influenced market pricing. A Sun spokesperson has since confirmed that the WLFI team is actively communicating about the issue.
The complete response from Justin Sun reads as follows;
“To the World Liberty Financials team and the global community,
As one of the early major investors in World Liberty Financials, I have contributed not only capital but also my trust and support for the future of this project. My goal has always been to grow alongside the team and community, and to jointly build a strong and healthy WLF ecosystem.
However, during the course of operations, my tokens were unreasonably frozen. As one of the early investors, I joined together with everyone—we bought in the same way, and we all deserve the same rights.
I love and respect every member of this community. Tokens are sacred and inviolable—this should be the most basic value of any blockchain. It’s also what makes us stronger and more fair than traditional finance. I call on the team to respect these principles, unlock my tokens, and let’s move forward together toward the success of World Liberty Financials.
I believe that a truly great financial brand must be built on fairness, transparency, and trust—not on unilateral actions that freeze investor assets. Such measures not only violate the legitimate rights of investors, but also risk damaging broader confidence in World Liberty Financials.”
TRX Price Down, While WLFI Up For The First Time Since Launch: What’s Next for Both Tokens?
The controversy comes as the Trump-backed WLFI token continues to face mounting price pressure. After launching on September 1 at $0.32, the token fell as low as $0.167, representing a nearly -50% decrease in value, according to CoinGecko.
Today marks the first day that WLFI has been green on a 1-day timeframe, as it is up +2.5% on the day, rebounding to $0.186. While the price action for WLFI has been bearish since launch, daily trading volume has doubled to $1.5Bn, compared to just $740,000 for yesterday.
Demand is clearly there for the World Liberty Financial governance token, but there is much work to do before it can build a bullish structure and make it an enticing investment. Right now, WLFI is in a clear downtrend, which could be reversed if the ongoing DAO proposal to use all platform fees to buyback and burn WLFI tokens is passed.
On the other hand, the TRX price is down 0.5% on the day, falling to $0.337. Tron has performed exceptionally well over the past 10 months, after posting a new all-time high in December 2024, when it spiked to $0.43. By March, it had dropped to $0.22 before a bullish rebound had seen it climb back above $0.3, a level that has held since July.
After such a strong rally in a higher timeframe, TRX is consolidating. A retest of $0.318 looks likely before the next move up. If the TRX price can hold above $0.318, it will allow for a continuation toward $0.45. If support is lost, all eyes will be on the next support level, which is around $0.28.
(SOURCE)
BONUS: Bitcoin Hyper (HYPER) Reaches $14 Million Funding Milestone – The Biggest Presale Play in September?
Bitcoin Hyper (HYPER) is one of the most highly anticipated presales this year, a Layer-2 solution for Bitcoin that will open it up to the world of DeFi, Gaming, and other yield-bearing opportunities, all while utilizing the Bitcoin core layer.
Over $14 million has been secured through an aggressive marketing campaign, word of mouth, and a compelling whitepaper filled with promising catalysts for HYPER investors.
The HYPER team is working to develop a comprehensive ecosystem of products for the Bitcoin mainnet, focusing on areas such as DeFi, GameFi, NFTs, and more as part of its ongoing development.
Bitcoin Hyper effectively utilizes the Solana Virtual Machine (SVM) for its Layer 2 protocol. By integrating its Layer 2 infrastructure with Bitcoin, HYPER will benefit from the low fees and high transaction speeds associated with the Solana network.
This Layer 2 infrastructure is being built using innovative roll-up technology. The team has recently announced full integration with the SVM as the execution layer for HYPER. This integration, combined with roll-ups, will enable fast transactions, low fees, and real-time execution while maintaining the integrity of Bitcoin’s established core layer.
To become a HYPER presale investor, visit the Bitcoin Hyper presale website to learn more and potentially join the HYPER train. You can purchase HYPER using ETH, USDT, BNB, or a bank card.
Investors can also stake their HYPER tokens for an impressive annual yield (APY) of 78% in rewards. This makes it an excellent opportunity for passive income while waiting for the Bitcoin Hyper ICO to be completed.
There are fewer than 48 hours left until the HYPER presale advances to its next price stage, meaning the current price of $0.012865 will soon be a thing of the past.
For the latest updates on all things HYPER, join the community on Telegram and X.
Visit HYPER HereEXPLORE: 10 Best AI Crypto Coins to Invest in 2026
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
