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September 6, 2025Finbold logoFinbold

Crypto billionaire to splash $20 million on these cryptocurrencies

Crypto billionaire Justin Sun has announced plans to invest $20 million in digital assets, splitting the funds between altcoins and World Liberty Financial (WLFI). According to the Tron founder, he intends to allocate $10 million toward unspecified altcoins, with the remaining amount directed to the newly launched ￰0￱ 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. @worldlibertyfi @EricTrump @DonaldJTrumpJr @ZachWitkoff @zakfolkman @WatcherChase — ￰1￱ Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) September 5, 2025 The timing of the move is notable, as WLFI remains under heavy scrutiny following recent controversies related to its high-profile launch.

Notably, following the launch, Sun revealed that more than $75 million of his WLFI holdings had been frozen after the project blacklisted over 270 ￰2￱ defended the decision, claiming the affected accounts were linked to phishing scams and compromised credentials. Critics, however, argue the move undermines the platform’s claims of decentralization. Sun’s defense Interestingly, Sun, who is an advisor to the project rejected accusations of market manipulation, explaining the transfers were merely “small deposit tests” and not ￰3￱ called the freeze “unreasonable” and urged equal treatment for all ￰4￱ this end, on-chain analysis from Nansen supported his stance, attributing WLFI’s sharp decline to large market-makers rather than Sun.

“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,” he ￰5￱ in 2024 with strong backing from President Donald Trump and his family, WLFI has experienced extreme volatility since its ￰6￱ token opened above $0.30 but has since lost nearly half its value, trading around $0.18–$0.19. Featured image via Shutterstock

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