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Tron founder Justin Sun has criticized World Liberty Financial (WLFI), a cryptocurrency venture backed by President Donald Trump and his family, accusing the platform of operating in ways that undermine core decentralized finance principles and exploit its user base.
Sun, an early and major investor in the project, said his backing was initially driven by its stated mission to advance financial freedom through decentralized infrastructure, as he said in an X post on April 12.
Sun now claims that key elements of the platform were not disclosed to investors. He specifically pointed to a smart contract mechanism that, according to him, allows the team to unilaterally freeze or restrict tokens held by users.
Sun argued that this function effectively gives centralized control over user assets, contradicting WLFI’s public positioning as a decentralized platform.
Sun also alleged that his own wallet was blacklisted in 2025, describing himself as one of the largest affected investors. He said the incident raises broader concerns about investor protections within the cryptocurrency ecosystem.
In his criticism, Sun accused WLFI’s operators of embedding hidden controls, extracting fees without transparency, and restricting access to funds without due process.
“Every action taken by the WLFI team to extract fees from users, to secretly implant backdoor controls over user assets, to freeze investor funds without disclosure or due process, and to treat the crypto community as a personal ATM — all of these actions are illegitimate and were never authorized by any fair, transparent, or good-faith community governance process,” Sun said.
Sun further argued that the governance processes cited by the team to justify these actions lack fairness. He said participation was limited, information was withheld, and outcomes were predetermined.

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