World Liberty Financial Dares One Of Its Biggest Backers to Court
BeInCrypto
World Liberty Financial is taking legal action against investor Justin Sun following his accusations regarding hidden token contract freeze functions.Summary
World Liberty Financial (WLFI) has challenged its major investor, Justin Sun, to a legal battle after Sun accused the project of utilizing undisclosed smart contract functions to freeze user assets. Sun, who invested over $75 million, claims his funds were blacklisted without due process, resulting in significant financial losses. WLFI defends the freeze as a security measure and has vowed to present evidence of misconduct in court. Additionally, analysts have raised conflict-of-interest concerns regarding the project's lending practices on the Dolomite protocol.
(Source：BeInCrypto)