Justin Sun Demands Transparency from World Liberty Financial Amid Asset Freeze and Token Slump

Justin Sun, the co-founder of the Tron blockchain, has publicly urged the Trump-linked platform World Liberty Financial (WLFI) to reveal the identities of the individuals controlling its multisignature wallets and guardian accounts. Sun alleges that the platform's current structure grants a single individual unilateral power to freeze token holders' assets, a mechanism he claims was used to blacklist his own wallet. The conflict intensifies as WLFI faces scrutiny over its governance model. Recent data indicates a high concentration of power, with 10 wallets controlling approximately 76% of the total voting power. Sun, an early investor in the project, described this concentration as an alarming sign of centralized influence. The tension follows the blacklisting of Sun's address in September 2025, triggered by a transfer of approximately $9 million. While Sun demands the release of his presale tokens, WLFI has dismissed his claims as baseless and threatened legal action, accusing Sun of attempting to mask his own misconduct. This internal strife coincides with a price collapse for the WLFI token, which recently dropped to a low of $0.077. Market anxiety is further compounded by reports that WLFI-linked wallets deposited 5 billion tokens as collateral on the Dolomite lending platform to borrow roughly $75 million in stablecoins, with $40 million subsequently moved to Coinbase Prime. While WLFI maintains that the token price remains well above liquidation levels, analysts warn of potential risks to lenders if the price continues to slide.