Justin Sun Accuses World Liberty Financial of Hidden Token Freeze Backdoor Amid $175M Dispute
TLDR: Justin Sun invested roughly $175 million across WLFI and TRUMP memecoin before the public fallout began. WLFI froze 595 million of Sun’s unlocked tokens worth $107 million, citing a breach of his investor agreement. WLFI borrowed $75 million in stablecoins on Dolomite against its own token, sending $40 million to Coinbase Prime. The WLFI token has dropped 76% from its all-time high, now trading near $0.079 amid ongoing legal threats. World Liberty Financial and Justin Sun are locked in a public dispute over frozen tokens, alleged misconduct, and a contract backdoor claim. Sun, the project’s largest investor with roughly $175 million in Trump-linked crypto exposure, accused WLFI of hiding a wallet freeze function from investors. WLFI denied the claims and threatened legal action. On-chain data has made portions of both sides’ activities visible to the public, raising questions across the crypto community. Justin Sun Alleges Hidden Freeze Function in WLFI Token Cont...