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World Liberty Financial sues Justin Sun over frozen tokens and $60M loss dispute

Market News
12 Apr 2026
Tokenpost
View Source
Bearish
pluang ai news

World Liberty Financial (WLFI) has filed a lawsuit against Justin Sun, founder of Tron, following a dispute over WLFI's token freeze mechanism that locked Sun's assets. Sun, who invested over $75 million in WLFI, claims the project secretly embedded a freeze function in its token contract, preventing him from selling or adjusting his holdings, resulting in a $60 million loss. WLFI denies these allegations and accuses Sun of misconduct, with the case now moving to court. The controversy raises concerns about governance and conflicts of interest within the DeFi project, especially involving related lending protocols.

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