Justin Sun To Purchase $10M In WLFI After a Controversial Wallet Freeze
Justin Sun, founder of Tron (TRX), has backed down in the feud against World Liberty Financial (WLFI). The crypto billionaire announced that he will deploy more capital to the Donald Trump-backed DeFi project WLFI and ALT5 Sigma Corp. (ALTS).
“We believe U.S.-listed crypto stocks are an undervalued opportunity. I will market buy $10 million worth of ALTS and $10 million worth of $WLFI,” Sun noted.
Why Did Sun Deploy More Capital at WLFI Even After the Wallet Freeze
Earlier on Friday, Sun complained on X to the WLFI team about his unreasonably frozen tokens. According to Sun, the World Liberty Financial team violated investors’ trust by not acting with fairness.
“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,” Sun noted....