Sun criticized the WLFI platform over long token lockup periods and accused it of having blacklist functions at the smart contract level.
Justin Sun, the founder of the Tron layer-1 blockchain network, criticized World Liberty Financial (WLFI), a decentralized finance platform co-founded by US President Donald Trump’s sons, over lengthy lock-up periods for the platform’s governance token.
Sun said that he invested “significant capital” in WLFI as an early investor and also said that a March WLFI governance proposal to determine token lock-up periods, in which more than 76% of the voting tokens came from 10 wallets, lacked transparency. In a Sunday post on X, Sun wrote (in translation):
“Justin’s favorite move is playing the victim while making baseless allegations to cover up his own misconduct,” World Liberty Financial said in response, threatening legal action against Sun over his claims.
