Tron founder Justin Sun criticized World Liberty Financial. He accused a Trump-linked crypto service of hiding a blacklist service that allowed him to freeze business wallets.
In an April 12 filing on X, Mr. Sun said he invested in World Liberty because he believed in the platform’s financial and trading opportunities.
Justin Sun Slams World Liberty Financial ‘Trap Door’
He said the company undermined that trust by hiding a policy that allowed them to suspend or ban token holders without identifying or helping them. Sun said the team signed its WLFI wallet in 2025 and encourage them to open signs.
The Sun does not have a minimum WLFI. The founder of Tron spent at least $75 million on WLFI tokensmaking him one of the most prominent contributors to the industry.
However, World Liberty blacklisted Sun wallet when a project that was launched last year. At the time, the company said it listed the Sun-linked address because it suspected the wallet had stolen the owner’s money.
The sun went against that attitude and now he has also presented this section as proof that the project has maintained a centralized control independent of its DeFi model.
“Everything that the WLFI team is doing to remove fees from users, to secretly control the assets of users, to freeze business funds without disclosure or due process, and to treat the crypto community like a personal ATM – all of this is illegal and has not been approved by any method of proper management, transparency, or good faith,” he said. he said on X.
The continued blacklisting of the wallet Sun of the past caused a loss of more than $80 million, according to the blockchain firm. Bubble maps.
WLFI Faces Multiplying Analysis
Meanwhile, Sun’s criticism represents a new blow to a project that is already under pressure after a sharp decline in its system price and criticism of its lending practices.
The project was facing market scrutiny for the use of WLFI as collateral for Dolomite, a distributed lending scheme. In particular, the protocol is also coordinated by one of the consultants of the business.
Transactions on the chain showed that the WLFI team had sent about $400 million of WLFI and borrowed $150 million in stablecoins. The project raised financial concerns, partisan tensions, and the threat that a sharp drop in WLFI would put pressure on the position.
Those concerns are already evident in the market. WLFI fell to a low of around $0.08 after investors distributed reports on Dolomite’s debt.
World Liberty has tried to reassure investors instead of returning to the path. The company said on social media that its debts were “not close to being discharged” and called itself a “creditor” in the WLFI markets.
On April 11, the company said he repaid $25 million of the loan. It added that it will publish the authority’s proposal to gradually open it to consumers early after public consultation.
A note Justin Sun Accuses Trump’s World Liberty Financial of Hiding Wallet Freeze Function appeared for the first time BeInCrypto.
