Justin Sun Critiques WLFI's Governance Proposal Amid Ongoing Conflict
Justin Sun blasts Trump-linked WLFI's 'absurd' governance vote, escalating feud
Coindesk
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Justin Sun, founder of the Tron cryptocurrency, has criticized the governance proposal by World Liberty Financial (WLFI), a crypto project linked to Donald Trump. He claims the proposal imposes punitive measures on dissenting token holders and consolidates power among insiders, escalating an ongoing feud between the two parties.
- 01Justin Sun accused WLFI of creating an 'absurd' governance proposal that punishes dissenting token holders.
- 02The proposal includes multi-year lockups on over 62 billion WLFI tokens and a potential burn of up to 4.5 billion tokens.
- 03Sun claims he and other large holders were excluded from the voting process, with their tokens frozen.
- 04The conflict has escalated following WLFI's threat of legal action against Sun and previous blacklisting of his token stake.
- 05Simon Dedic, founder of Moonrock Capital, also criticized WLFI's actions, stating early investors have been 'rugged.'
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Justin Sun, the founder of the Tron cryptocurrency, has publicly condemned the governance proposal put forth by World Liberty Financial (WLFI), a crypto project associated with Donald Trump. He labeled the proposal as 'absurd,' arguing that it punishes dissenting token holders by imposing indefinite lockups on their tokens. The governance plan would affect over 62 billion WLFI tokens, with provisions for multi-year lockups and a potential burn of up to 4.5 billion tokens. Sun claims that he and other significant token holders were excluded from the decision-making process, alleging that their tokens, representing about 4% of the voting power, have been frozen. This dispute marks a significant escalation in tensions between Sun and WLFI, which had previously threatened legal action against him. Simon Dedic, founder of Moonrock Capital, also voiced concerns, stating that early investors have been effectively 'rugged' by the project. WLFI, however, defends the proposal as a means to align participants for long-term success.
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More about World Liberty Financial

Justin Sun Critiques World Liberty Financial's New Token Unlock Proposal as 'Tyranny'
Benzinga • Apr 16, 2026

Justin Sun Accuses Trump-Linked Crypto Firm of Freezing Assets and Blacklisting Users
The Guardian • Apr 15, 2026

World Liberty Financial Proposes Unlock Plan for 62 Billion Tokens Amid Governance Scrutiny
Cointelegraph • Apr 15, 2026
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