Justin Sun: Condemns the ongoing token scandal perpetrated by bad actors within WLFI.

Odaily Odaily reports that Justin Sun posted on the X platform, stating: "I have always been a staunch supporter of President Trump and his crypto-friendly policies. As an early supporter of World Liberty Financial, I invested a significant amount of money in the early stages of the project because I believed in the vision it presented to the public: a DeFi platform that promotes financial freedom, eliminates intermediaries, and brings the benefits of decentralized finance to ordinary people." However, what no one ever disclosed to me or any investors was that World Liberty had secretly embedded a backdoor blacklist function in the smart contract deploying the WLFI token. This function gave the company the unilateral power to freeze, restrict, or even effectively confiscate the property rights of any token holder without notice, reason, or remedy. This is the antithesis of decentralization. It is a trap disguised as a door. I hereby condemn the ongoing token scandal perpetrated by bad actors within WLFI. I am the first and biggest victim – back in 2025, they illegally blacklisted my WLFI token wallet, an act that violated basic investor rights and the principles of fairness in blockchain. Everything the WLFI team has done—extracting fees from users, secretly implanting backdoors to control user assets, freezing investor funds without disclosure and due process, and treating the crypto community as a personal ATM—is improper and has never been authorized through any fair, transparent, or benevolent 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, substantive participation was limited, and the results were predetermined. These votes did not represent the will of the community—but rather 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 oppose each and every one of these actions in the strongest terms. The WLFI team's actions are eroding the community's trust in the project. Unlock the tokens and maintain transparency with the community. Let's build with integrity, not act with misconduct.