The Trump family’s crypto operation has blacklisted one of its biggest supporters. On Friday, billionaire Justin Sun—who until recently had been tight with the Trumps—posted on X that Trump-backed World Liberty Financial had frozen more than $100 million in cryptocurrency he had purchased from the project. “As one of the early investors, I joined together with everyone—we bought in the same way, and we all deserve the same rights,” he said.
Sun is a controversial crypto tycoon who is reportedly worth more than $12 billion and was a prominent guest at a dinner President Donald Trump hosted in May to reward the biggest buyers of his memecoin. Now, Sun appears to have incurred the wrath of the president’s allies after moving a portion of his position in a different Trump-linked cryptocurrency.
