Justin Sun’s locked World Liberty tokens down $60 million since September: Bubblemaps
Summary
Blockchain analytics platform Bubblemaps reported that Justin Sun's locked World Liberty Financial (WLFI) tokens have decreased in value by $60 million since September, following his blacklisting by the project. Sun was blacklisted by World Liberty after moving approximately $9 million in WLFI tokens, despite his significant prior support for the Trump-backed DeFi project. Sun had committed to buying $100 million worth of Trump's TRUMP memecoin and invested $75 million in WLFI. Sun previously claimed innocence regarding the token move, stating his tokens were "unreasonably frozen" and that his goal was to build the WLF ecosystem alongside the team. The WLFI token is currently down over 40% since its September launch.
(Source:The Block)