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WLFI investors reject new token lock-up proposal amid governance and control concerns.

Market News
16 Apr 2026
Coinpaper
View Source
Bearish
pluang ai news

World Liberty Financial (WLFI) faces backlash after proposing new token lock-up rules that require holders to opt in or face indefinite lock-ups. Justin Sun, a major investor, criticized the plan as coercive and highlighted issues with centralized control over governance, including vote overrides and blacklisting. The controversy has sparked wider community criticism and legal considerations, raising doubts about WLFI's governance transparency and financial practices. The proposal aims to restructure token distribution but has deepened investor distrust.

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