Shocking Development for Justin Sun's Trump-Supported Project

The cryptocurrency world has been shaken by an unusual crisis regarding the DeFi project World Liberty Financial (WLFI), supported by Donald Trump. Notable crypto investor Justin Sun drew attention with his substantial investment in the project, while an unexpected sanction complicated the situation. Sun struggled to get off the blacklist within just three months, leaving behind locked tokens that lost approximately 60 million dollars in value.

According to data provided by Bubblemaps, Justin Sun was blacklisted by WLFI, which led to the freezing of his tokens. In statements made in September, Sun emphasized that he not only provided capital to the project but also offered trust, criticizing the “unreasonable” freezing of his tokens. Last month, after the WLFI token began trading, the value of this asset dropped by more than 40%.

Justin Sun also allocated approximately 100 million dollars to the TRUMP meme coin investment, totaling 175 million dollars invested in these projects. After becoming the largest investor in the TRUMP meme coin, Sun attended a gala dinner hosted by Trump and received an award called the “Trump Golden Torbillon.” However, despite all these positive developments, the fact that WLFI blacklisted a wallet associated with Sun made the progression of this situation unpredictable.

The inclusion of all three of Donald Trump’s sons in the founding team of the project highlights why this crisis has garnered so much attention. It remains uncertain when Sun will be removed from the blacklist. In light of these developments, cryptocurrency investors need to closely monitor the WLFI project and Sun’s situation. This process serves as an important lesson for altcoin investors. Investors need to make decisions considering not only their loyalty to projects but also potential risks.