H.E. Justin Sun 👨🚀 🌞|Apr 12, 2026 07:49
I’ve always been a staunch supporter of President Trump and his crypto-friendly policies.
As an early backer of World Liberty Financial, I invested heavily in the project during its initial stages because I believed in the vision it presented to the public: a DeFi platform that promotes financial freedom, removes intermediaries, and brings the benefits of decentralized finance to everyday people.
However, what was never disclosed to me or any other investors is this: World Liberty secretly embedded a backdoor blacklist function into the smart contract deploying the WLFI token. This function grants the company unilateral power to freeze, restrict, or even effectively confiscate the property rights of any token holder—without notice, without reason, and without any avenue for recourse.
This is the antithesis of decentralization. It’s a trap disguised as an open door.
I hereby condemn the ongoing token scandal caused by bad actors within WLFI.
I am the first and largest victim—back in 2025, they illegally blacklisted my WLFI token wallet, an act that violated fundamental investor rights and the principles of fairness in blockchain.
Everything the WLFI team has done—from extracting fees from users, secretly embedding backdoor controls over user assets, freezing investor funds without disclosure or due process, to treating the crypto community as their personal cash machine—none of it is legitimate. None of it has been authorized through any fair, transparent, or good-faith community governance process.
The governance votes cited to justify these actions were not conducted through fair or transparent procedures. Key information was withheld from voters, meaningful participation was restricted, and the outcomes were predetermined. These votes do not represent the will of the community—they represent the will of those who designed them.
These actions have nothing to do with me. They have nothing to do with the investors who believed in the project’s promises. We strongly oppose every single one of these actions.
The WLFI team’s behavior is eroding the community’s trust in the project. Unlock the tokens, maintain transparency with the community. Let’s build with integrity, not misconduct.
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