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Justin Sun committed to investing 20 million USD into ALTS and WLFI despite the token freeze order.
The founder of Tron, Justin Sun, has just announced a plan to invest 10 million USD into each ALTS (21Shares Crypto Mid-Cap Index ETP) fund and into WLFI — the token linked to the Trump family — claiming that crypto assets listed in America are currently being undervalued.
This decision was made just one day after World Liberty Financial blacklisted his wallet, freezing approximately 595 million WLFI, worth over 100 million USD, after he transferred 9 million USD WLFI to exchanges like HTX. Sun publicly tagged World Liberty Financial, Eric Trump, and Donald Trump Jr. in the post on X (Twitter), affirming his belief in long-term value.
This move demonstrates his continued support for WLFI despite the token being frozen, while expressing belief in long-term investment opportunities in the mid-cap altcoin market.