The conflict between Tron founder Justin Sun and World Liberty Financial (WLFI), a cryptocurrency project supported by Donald Trump, has intensified recently, with both sides engaging in heated exchanges. Recently, U.S. President Donald Trump and his family proposed a new initiative to unlock and burn WLFI tokens, which has faced criticism from Sun and other stakeholders.
Justin Sun harshly criticized WLFI's new governance proposal, calling it an absurd scam and one of the "most ridiculous governance tricks" he has ever seen. He pointed out that the governance voting structure of WLFI is actually based on pressure and power concentration, constituting a fraudulent system.
The proposal requires a five-year lock-up period for over 62 billion tokens and imposes indefinite freezes on the assets of voters who oppose the proposal. Sun accused the project team of attempting to blacklist users through specific wallets, thereby monopolizing power.
Sun also stated that if voters oppose the proposal, their tokens will be permanently locked, highlighting the problematic nature of this system. He remarked, "If you oppose this proposal, you will be punished. This is not voting; it is coercion. Which democratic process rewards compromise and punishes dissent?"
He further stated, "This is 'world tyranny,' not 'world liberty financial.' This proposal is disguised as a 'governance alignment signal' and 'long-term commitment,' but in reality, it is an absurd governance scam."
Additionally, Sun, who previously invested $30 million in WLFI and provided advice, recently accused the project of treating its treasury as a "personal ATM," taking out large loans against token assets, which has led to a decline in token prices. WLFI has further escalated the dispute by threatening legal action against Justin Sun.