Justin Sun Slams WLFI Over Token Lockups, Gets Legal Threat in Response
Cointelegraph
Justin Sun criticized World Liberty Financial for governance issues, prompting the platform to threaten legal action against him.Summary
Justin Sun, founder of Tron, publicly criticized World Liberty Financial (WLFI) regarding long token lockup periods and alleged a lack of transparency in governance voting. Sun, an early investor, claimed that decisions were predetermined and withheld key information from participants. In response, WLFI dismissed the accusations as "baseless" and threatened legal action. The conflict occurs as the WLFI token hit an all-time low following controversy over the platform using its own governance tokens as collateral for stablecoin loans.
(Source：Cointelegraph)