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Justin Sun Calls Out Trump-Linked WLFI Over Hidden Wallet That Can Freeze Funds
TL;DR
Justin Sun has called for transparency from World Liberty Financial (WLFI) regarding an anonymous wallet that can freeze user funds. Sun argues that the governance structure of WLFI exposes investors to unilateral decisions.
Key points
- Justin Sun is the largest investor in WLFI
- Sun demands disclosure of an anonymous wallet's identity
- WLFI's governance structure may expose investors
- On-chain evidence supports Sun's claims
- Blacklist feature added to WLFI tokens after Sun's investment
World Liberty FinancialJustin Sun
Tron founder Justin Sun, who also happens to be the single largest investor in the Trump family-linked World Liberty Financial (WLFI), has publicly demanded that the DeFi project disclose the identities behind a single anonymous wallet and a five-member group that he claims can freeze user funds.
The confrontation is centered on the control of World Liberty’s native WLFI tokens, with Sun arguing that the platform’s governance structure leaves investors exposed to unilateral decisions.
The On-Chain Evidence Sun Is Pointing To
Sun based his demand on an analysis of WLFI’s smart contract structure, which was corroborated by blockchain researcher banteg, whose post on X on April 12 laid out the on-chain timelines in detail. The analyst says that the first WLFI token that was released in September 2024 didn’t have a blacklist mechanism, even though it could be upgraded.
They also say that a blacklist feature was added to the second version on August 24, 2025, 11 months after Sun put money into the project and just a week before the tokens went on sale.
There was another upgrade in November 2025, which added what banteg called “batch reallocation,” which they said was, in essence, a seizure mechanism that World Liberty apparently justified at the time as a tool to recover funds for holders that fell victim to phishing scams.
Banteg also took a look at the vesting structure that had been specifically applied to Sun, where WLFI exclusively created a separate token category for the Tron founder, called category 3. Per their post, the other 519 World Liberty investors all sit in category 1.
The analyst added that minutes after Sun activated his wallet, WLFI’s 3-of-5 multisig set his category 3 to allow 20% of his 3 billion tokens to be freely transferred, with the crypto entrepreneur moving 55 million WLFI, only to have his wallet frozen by an outside address acting as both a guardian and a signer on the 3-of-5 multisig.
The billionaire businessman is now demanding to know who is behind that address.
“I’m calling on World Liberty Financial @worldlibertyfi to publicly disclose who controls the single guardian EOA and the 3/5 multisig that govern the WLFI smart contract,” he wrote in his post on X.
Legal Standoff Looms
Q&A
What is Justin Sun's demand regarding WLFI?
Justin Sun demands that World Liberty Financial disclose the identities behind an anonymous wallet and a five-member group that can freeze user funds.
How does WLFI's governance structure affect investors?
Sun argues that WLFI's governance structure leaves investors vulnerable to unilateral decisions, potentially impacting their investments.
What evidence did Justin Sun present about WLFI's smart contract?
Sun's demand is based on an analysis of WLFI’s smart contract structure, which indicates that a blacklist feature was added only after his investment.
When was the blacklist feature added to WLFI tokens?
The blacklist feature was added to the second version of WLFI tokens on August 24, 2025, 11 months after Sun invested in the project.
