Coin Bureau|Apr 12, 2026 12:51
🔥JUST IN: Justin Sun accuses Trump's crypto project, WLFI, of secretly embedding a backdoor into its own smart contract.
Sun, WLFI's largest investor with $75M in, says the team used a hidden blacklist function to freeze his wallet in Sept 2025 with zero warning and zero explanation.
He also accuses WLFI team of:
- Rigging governance votes to justify freezing investor funds
- Secretly extracting fees from users
- Treating the crypto community as a "personal ATM"
WLFI has since collapsed ~83% from its $0.46 all-time high.
Sun's frozen $75M WLFI, once worth $700M at peak, is now worth only ~$45M, with no way to sell.(Coin Bureau)
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