Crypto Whale Justin Sun Blacklisted After Trump Token Activity

Justin Sun, a well-known figure in the cryptocurrency world, finds himself in hot water. Following his involvement with the Trump family's crypto venture, World Liberty Financial (WLFI), his address has been blacklisted.

The Timeline

• November 2024: Sun invests $75 million into World Liberty Financial.
• September 1, 2025: WLFI begins open trading. Sun unlocks a significant portion of WLFI tokens.
• September 4, 2025: Arkham Intelligence highlights Sun's WLFI token transfers, leading to the address being blacklisted.

WLFI and Justin Sun's Holdings

Arkham Intelligence reported that Sun holds a substantial $891.2 million worth of WLFI tokens.

Sun's Defense

Sun addressed the situation on X, stating that the activities were simply deposit tests and dispersion, not impacting the market.

More Than Just WLFI

Sun also invested heavily in the TRUMP meme coin, even attending a private dinner hosted by Trump for major holders, reportedly spending over $20 million on the token.

SEC Involvement

Earlier in 2025, Sun and the SEC jointly requested a court stay on a securities violations case filed in 2023. This existing legal situation adds another layer of complexity to the current controversy.

Key Takeaways:

• Justin Sun's crypto address has been blacklisted after transactions involving WLFI tokens.
• Sun's significant investments in both WLFI and the TRUMP meme coin are under scrutiny.
• The existing SEC case against Sun complicates the situation further.