Justin Sun Bets on WLFI with $20M Pledge After Wallet Freeze

Justin Sun, the founder of TRON, has announced plans to buy $20 million worth of WLFI tokens, the Trump-backed crypto ￰0￱ move is in response to proving his long-term commitment to the project after his wallet was ￰1￱ decision has sparked community uproar as it comes during a rising market doubts towards the new ￰2￱ Freezes Sun’s Wallet, Sparks Controversy The conflict began when WLFI blocked Sun’s wallet following a $9 million transfer of WLFI tokens to his HTX ￰3￱ freeze covered 540 million unlocked and 2.4 billion locked tokens, worth more than $3 ￰4￱ move surprised the crypto community because Sun had already put $75 million into WLFI’s token sale, making him one of the biggest supporters of the ￰5￱ leaders gave no official reason for the freeze, but on-chain data showed Sun moving tokens to exchanges soon after WLFI was listed on Binance, which looked suspicious to ￰6￱ accused him of fueling WLFI’s steep ￰7￱ Sun Pushes Back With $20M Commitment Sun, who is set to embark on a space journey , dismissed the allegations, calling them ￰8￱ explained that the transfers were small test deposits and dispersions, not sales that could impact the ￰9￱ show his commitment, he announced plans to market buy $10 million in WLFI ￰10￱ also pledged $10 million in ALTS shares, the Nasdaq-listed ticker of Alt5 Sigma, which manages WLFI’s $1.5 billion treasury ￰11￱ his X post, Sun tagged the Trump family directly and reiterated his long-term belief in ￰12￱ crypto community remains divided on Sun’s latest ￰13￱ view the $20 million pledge as proof that he believes in WLFI’s ￰14￱ argue it is a calculated attempt to restore his reputation after being blacklisted by the project.

WLFI’s Price Struggles WLFI is still under heavy selling pressure, even after recently removing 47 million worth of tokens from ￰15￱ token has dropped 40% in value since launch, falling from an $8.6 billion debut to about $0.18. Many investors are now cautious and question why the project would freeze the wallet of one of its biggest ￰16￱ say this kind of move is rare in decentralized finance (DeFi) and could scare off both small and big ￰17￱ first gained big attention because of its ties to ￰18￱ Donald ￰19￱ of Trump’s companies received 22.5 billion WLFI tokens, adding over $4 billion to his reported ￰20￱ token launch brought excitement, but that hype has now been replaced by price swings and conflicts like the one with Sun.

Also, as prices tumble, early excitement has given way to hard questions about governance and ￰21￱ way, Sun’s actions highlight his determination to stay involved with WLFI despite the public fallout.