Dispute Over Frozen Tokens
Tron founder Justin Sun has filed a lawsuit in a California federal court targeting World Liberty Financial, a project tied to Donald Trump. The conflict revolves around Sun’s WLFI token holdings, which he claims were frozen without justification.
According to Sun, the freeze not only blocked access to his assets but also stripped him of governance participation. He argues that the move prevented him from exercising voting rights while raising concerns about potential token burns that could permanently destroy his holdings.
Governance Clash Intensifies
The legal action comes as tensions grow around a proposal released on April 15. Sun says the plan introduces strict conditions for early investors, including long lock-ups and penalties for those who don’t accept the terms.
He particularly criticized provisions such as a two-year cliff followed by a gradual vesting period, as well as token burn requirements. Sun stated he opposes the proposal but cannot vote on it due to the suspension of his rights.
Sun Says Move Contradicts Trump’s Vision
Despite the dispute, Sun emphasized he still supports Donald Trump and his broader pro-crypto stance. He suggested that the actions taken within the project do not align with what he believes Trump would endorse.
Sun also claimed he attempted to resolve the issue privately, asking for his tokens and voting privileges to be restored. He says those efforts failed, leaving legal action as his only option. The lawsuit, he added, is meant to ensure equal treatment for early investors and bring more transparency to the project.
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