World Liberty Financial Dares One Of Its Biggest Backers to Court
The post World Liberty Financial Dares One Of Its Biggest Backers to Court appeared on BitcoinEthereumNews.com.
World Liberty Financial has challenged its largest private investor to a legal fight after he publicly accused the project of embedding a hidden freeze function in its token contract. The dispute marks a sharp turn in a relationship that began with a $30 million investment in November 2024. World Liberty Financial Turns on Its Biggest Backer: See You in Court The investor, Tron founder Justin Sun, poured over $75 million into the platform and describes himself as the first and single largest victim of the project’s blacklisting practice. In December 2024, the World Liberty Financial cleared its cbBTC portfolio of 102.9 tokens worth $10.4 million to acquire 103.15 WBTC. The following day, Sun was named an advisor to WLFI, highlighting his growing interest in the DeFi project and the growing relationship between WLFI and WBTC. 🦅☀️ Exciting Announcement! ☀️🦅 We’re honored to welcome @justinsuntron as an advisor to World Liberty Financial (WLFI)! Justin is the founder of @TRONDAO, an advisor to @HTX_Global, and a supporter of @BitTorrent. A graduate of the University of Pennsylvania, he recently won… pic.twitter.com/wJD24nztab — WLFI (@worldlibertyfi) November 26, 2024 Sun’s allegations center on a smart contract function he says was never disclosed to investors. He claims the mechanism grants WLFI unilateral power to freeze or restrict any token holder’s assets without notice or recourse. “Does anyone still believe Justin Sun? Justin’s favorite move is playing the victim while making baseless allegations to cover up his own misconduct. Same playbook, different target. WLFI isn’t the first. We have the contracts. We have the evidence. We have the truth. See you in court pal,” wrote WLFI. His wallet was blacklisted in September 2025 after on-chain data showed outbound token transfers, including one worth $9 million. Sun’s frozen holdings have since lost roughly $60 million in value as the WLFI token price…
Filed under: News - @ April 12, 2026 5:24 pm