Tron's founder Justin Sun has filed a lawsuit against World Liberty Financial (WLFI) — a project linked to President Donald Trump's family — accusing the team of freezing his tokens and threatening to burn them 'without any justification.'
The lawsuit was filed in a federal court in California. On social media platform X, Sun stated that he exhausted all options to resolve the conflict out of court: 'I tried to resolve this situation with the World Liberty team in good faith without going to court. But the project team rejected my requests to unfreeze the tokens and restore my rights as a holder. I had no choice but to take it to court.'
Meanwhile, San criticized the WLFI management proposal from April 15, which states that the founder, team member, and advisor tokens will be frozen for two years, followed by a gradual release over three years. The terms also include burning 10% of the tokens upon proposal acceptance. Holders who disagree with the new terms remain locked indefinitely under the current agreements.
In San's opinion, the proposal harms the entire community: holders who do not accept the new terms risk losing access to their assets forever, and 10% of the tokens from those who agree will be permanently destroyed. 'This proposal is bad for the community, but since World Liberty has frozen my early investor tokens, I can't vote either for or against it,' he added.
Previously, San threatened legal action due to the long lockup periods of WLFI tokens and pointed out the lack of transparency in governance voting: according to him, 76% of the voting tokens are concentrated in 10 wallets. The WLFI team then labeled San's accusations as 'groundless' and stated, 'We have contracts. We have evidence. We have the truth. See you in court.'
Despite the legal battle, San emphasized that he still supports Trump and his administration's efforts to create a favorable environment for the crypto industry in the US. He stated, 'Some members of the World Liberty team are acting against President Trump's values.'
San is also considered one of the largest holders of the meme coin TRUMP — which earned him an invitation to an exclusive gala dinner in May 2025. According to the analytics platform CoinCarp, the number of TRUMP token holders is 642,882 addresses, with over 91% of the supply concentrated among the top 10 wallets, and the top 100 wallets holding over 97% of all tokens.
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