Sun's $20M Offer: Bribery Attempt to Unfreeze WLFI?
TRON founder Justin Sun has made waves with an offer to invest $10 million each into World Liberty Financial (WLFI) and Alt5 Sigma, both businesses with ties to former President Donald Trump. This move comes just a day after World Liberty froze Sun's WLFI wallets, sparking speculation about his motives.
The WLFI Token Freeze
World Liberty Financial, despite its stated goal of preventing crypto debanking, stirred controversy by freezing Justin Sun’s WLFI holdings.
Sun previously invested heavily in WLFI and TRUMP tokens. Over 2.4 billion of his tokens were frozen, reportedly after an attempted $9 million transfer to Binance.
The freeze triggered a sharp decline in WLFI's valuation. Sun has since publicly appealed to World Liberty to unfreeze his assets, using both assertive and conciliatory tones.
An Offer They Can't Refuse?
Sun's latest approach involves a direct offer to invest in WLFI and Alt5 Sigma, a company reportedly linked to the Trump family and facing fraud allegations.
Alt5 Sigma, a notorious Trump partner, has reportedly been acquired by the President’s family, and it has faced serious fraud allegations.
Bribery Allegations Surface
Given the Trump connection, the crypto community is abuzz with speculation that Sun's investment offer is an attempt to influence the unfreezing of his tokens.
Jacob Silverman commented, "[Justin Sun] is offering $20 million to Trump-related companies to get his frozen WLFI tokens back. Amazing... [It’s] interesting that he’s posting this publicly. He can’t call a Witkoff and get this sorted privately?”
With Trump's increasing reliance on cryptocurrency and accusations of crypto corruption already circulating, Sun's actions raise eyebrows. If Sun seeks to regain access to his WLFI tokens, aligning himself with Trump's business interests might be a calculated strategy.
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