World Liberty Monetary, the cryptocurrency undertaking related to the president of the US, Donald Trump, has blacklisted addresses associated to its largest investor, Justin Solar.
Solar, who owns HTX and based TRON, curiously appeared to maneuver a big amount of WLFI tokens from an HTX/TRON DAO-affiliated deal with (it’s labeled as TRON DAO on Etherscan and initially funded by HTX), 0x5AB26169051d0D96217949ADb91E86e51a5FDA74, to numerous change deposit addresses.
He justified this in a put up on X, which learn, “Our address only carried out a few general exchange deposit tests with very small amounts, followed by an address dispersion. No buying or selling was involved, so it could not possibly have any impact on the market.”
This motion rapidly led to World Liberty Monetary blacklisting the deal with, stopping it from additional transacting.
To the World Liberty Financials workforce and the worldwide group,
As one of many early main traders in World Liberty Financials, I’ve contributed not solely capital but in addition my belief and help for the way forward for this undertaking. My objective has at all times been to develop alongside the workforce…
— H.E. Justin Solar 👨🚀 (Astronaut Model) (@justinsuntron) September 5, 2025
Solar has subsequently taken to X to additional state that, “I love and respect every member of this community. Tokens are sacred and inviolable — this should be the most basic value of any blockchain. It’s also what makes us stronger and more fair than traditional finance.”
He continued to say, “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.”
This switch of tokens to exchanges additionally appeared to contradict Solar’s assertion on September 1st that he had “no plans to sell our unlocked tokens anytime soon. The long-term vision here is too powerful, and I’m fully aligned with the mission.”
This comes shortly after Solar needed to take to X to justify the 20% rate of interest that HTX, one of many exchanges he owns, was paying on WLFI deposits.
In certainly one of his justifications, he claimed that his “biggest concern right now is still that the interest isn’t high enough” as a result of customers would possibly select to deposit their WLFI tokens “on other platforms.”
He additional claimed that fears about HTX have been ill-founded due to the proof-of-reserves course of that HTX undergoes; nonetheless, a evaluate of that proof-of-reserves additionally confirmed that HTX was lending 92% of its accessible tether tokens (USDT) on Aave, alongside extra lending of TRX and ETH.
Customers on-line have been speculating that Solar used the excessive curiosity to lure in depositors to HTX in order that these tokens might be inappropriately bought from HTX wallets with out Solar technically promoting his personal tokens, although clearly Solar has denied any promoting in any way.
