World Liberty Faces Backlash Over Token Unlock Plan

World Liberty Financial, a crypto platform linked to the Trump family, is facing significant backlash following a governance proposal to restrict the liquidity of early investors. The plan suggests locking WLFI tokens for two additional years, followed by a two-year release schedule, with an ultimatum that dissenting holders may face indefinite token locks. Crypto entrepreneur and investor Justin Sun labeled the move an “absurd governance scam” and a form of coercion, while other critics likened the action to a “rug pull.” Despite claims from the platform that the proposal aims to align ecosystem participants for the long term, critics argue it unfairly impacts investors and undermines platform governance.

(Source：Cointelegraph)