Justin Sun Takes Trump-Linked WLFI to Court Over Allegedly Frozen Tokens
Justin Sun has filed a lawsuit in U.S. federal court against Trump-linked crypto project WLFI, alleging the protocol froze his tokens and stripped his voting rights. Sun claims the project's smart contract contains a concealed blacklist function that can lock assets—and that hundreds of millions of dollars' worth of tokens were effectively immobilized, with warnings they could be burned. Sun says he invested about $75 million in the project. The case is likely to amplify scrutiny over governance claims in crypto, including whether a protocol can credibly call itself "decentralized" if assets can be frozen unilaterally.