Trump Family’s World Liberty Financial Hit by Scandal Over "Hidden" Token-Freezing Clause
The World Liberty Financial (WLFI) project, backed by the Trump family, has found itself at the center of a fresh controversy following reports of a hidden function within its smart contract. This "backdoor" reportedly allows for the freezing and seizure of user tokens, sparking outrage across the crypto community.
Justin Sun, a prominent figure in the industry, claimed that neither he nor other investors were informed of this feature. He slammed the system as the "complete opposite of DeFi and decentralization."
According to Sun:
His personal wallet containing WLFI tokens was allegedly blocked as early as 2025.
Internal project decisions have been made opaquely, without genuine community involvement or transparency.
This revelation raises serious questions about the project's commitment to the core principles of Web3, as it appears to mirror the centralized control of traditional banking.