Updated: 12.04.2026
- Justin Sun’s public attempt to call on the team World Liberty Financial’s attempt to unblock its 544 million WLFI ended in scandal.
- He was described as an untrustworthy person who would be sued.
Article Happy Coin News last week сообщалось, that the team behind the crypto project World Liberty Financial, which is linked to the Trump family, blocked Justin Sun’s wallet, holding 544 million WLFI tokens. Unable to sell the tokens, which had fallen 60% in value during this time, Justin Sun lost approximately $70 million.
It’s no surprise that World Liberty Financial’s once-largest outside backer, Justin Sun, has become its most prominent public critic.
В communication in a social network post published on Sunday morning, April 12, the founder Tron accused the Trump family-backed project DeFi in the implementation of smart contract, used to deploy WLFI tokens, has a hidden “blacklist feature.” This feature, as Sun wrote, gives the company “the unilateral right to freeze, restrict, and effectively confiscate the property rights of any token holder without notice, without cause, and without recourse.”
Sun presented this design as the complete opposite of what had been promised to investors, calling it “a trap disguised as an open door.” He described himself as “the first major casualty,” referring to the wallet blacklisted by World Liberty in September 2025 after it transferred approximately $9 million in WLFI between addresses.
Every action taken by the WLFI team to charge fees to users, to secretly implement controls over user assets, to freeze investor funds without disclosure or due process, and to use the crypto community as a personal ATM—all of this is illegal and was never sanctioned by any fair, transparent, or bona fide community governance process,” Sun wrote.
If in September 2025 San говорил While he once claimed his innocence and asked the team to unfreeze his tokens, calling the freeze “unjustified,” he’s now practically talking about fraud. True, his post contained diplomatic support for President Trump and “his crypto-friendly policies.”
A little background: in late 2024, Justin Sun invested He invested $30 million in the project and was appointed an advisor, later increasing his stake to $75 million. He also invested $100 million in the TRUMP coin.
The frozen WLFI tokens, valued by Bubblemaps at approximately $545 million, have depreciated by over $80 million since the freeze, primarily due to the decline in the value of WLFI.
A few hours later on Sunday, World Liberty responded In response to Sun’s post, the team responded, “Does anyone still believe @justinsuntron?” The project’s team wrote that “Sun is playing the victim, making baseless accusations to cover up his own wrongdoing,” while the project had “contracts,” “evidence,” and “the truth.” It concluded with the sentence, “See you in court, buddy,” seemingly indicating WLFI’s willingness to sue its major investor.
Whoever is behind this official account, please identify yourself publicly, answered San: As the largest investor in this project, I demand that those responsible identify themselves by name, instead of hiding in the shadows.
It is interesting that social network users have noticed attention The fact that the list of team members has disappeared from the World Liberty Financial website does not add to investors’ optimism.
World Liberty wrote that the project is “nowhere near liquidation” and will provide more collateral if the price of WLFI continues to fall.
On According to CoinGecko, currently token WLFI trades at around $0,079, giving it a market capitalization of approximately $2,5 billion.
CoinGecko Data
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