Justin Sun, former major backer of Trump-linked World Liberty Financial (WLFI), publicly condemned the project for treating users like a "personal ATM" after WLFI borrowed $75 million in stablecoins using 5 billion WLFI tokens as collateral on the DeFi platform Dolomite. This move caused a key liquidity pool to reach 100% utilization, temporarily locking out ordinary depositors. Sun, whose WLFI wallet was frozen in 2025, claims he is the project's "largest victim" and accuses WLFI of unfair governance and opaque voting processes. Despite his criticism of WLFI's team, Sun reaffirmed his support for President Trump's crypto policies. WLFI's token price has dropped sharply amid these controversies.
