Billionaire slams Trump-linked company after losing $11M
By Pooja Rajkumari
Published on April 12, 2026.
Billionaire and founder of the Tron blockchain, Justin Sun, has criticised World Liberty Financial (WLFI), the Trump family-backed project, for allegedly burying a kill switch in its governance. Sun invested $30 million in WLFI in late 2024 and pledged $100 million to the TRUMP memecoin. However, after Sun's wallet moved approximately $9 million in World LibertyFI tokens, World Liberty Finance blacklisted his wallet, freezing his entire position and removing him from any ability to sell. Sun alleges that the project's leadership has been able to freeze any token holder's assets without notice, cause, or recourse. He also criticizes the governance votes used to justify its decisions, alleging that key information was withheld from voters and that meaningful participation was restricted.
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