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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Justin Sun, founder of the Tron project, criticized the governance actions of World Liberty Financial, a cryptocurrency project linked to President Donald Trump, saying token holders made “illegitimate” decisions that treated the crypto community “as a personal ATM.”
Sun said he was an early backer of World Liberty Financial, investing $30 million in 2024 and later becoming an advisor. He also claimed that investors were never informed that the project’s smart contracts included a “backdoor blacklisting function.” According to Sun, this function gives issuers the ability to freeze, restrict, and effectively confiscate tokens held by investors without prior notice or justification.
Sun said he was affected by one of the largest blacklisting actions by World Liberty Financial in September. He reported that 595 million WLFI tokens were locked, and he said those tokens have been losing value since the freeze. He also referenced nearly 2.4 billion locked WLFI tokens that were still under vesting at the time of the incident.
The platform stated that the measures were taken in response to “malicious or high-risk activity that could harm community members.”
Sun argued that each action taken against investors was “illegitimate” and “never authorized by any fair, transparent, or good-faith community governance process.” He said the governance votes used to justify the actions were not conducted fairly or transparently, adding that key information was withheld from voters, meaningful participation was restricted, and outcomes were predetermined.
Sun called for the unlocking of tokens blocked from him and other investors, saying the actions eroded trust in the project. He also stated that investors opposed “every one of these actions in the strongest possible terms.”

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