World Liberty investor Justin Sun claims Trump crypto venture 'secretly' installed tool to freeze user holdings - Reuters
World Liberty investor Justin Sun claims Trump crypto venture 'secretly' installed tool to freeze user holdings Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"claims Trump crypto venture 'secretly' installed tool to freeze user holdings"
— Justin Sun , Executive
"claims Trump crypto venture 'secretly' installed tool to freeze user holdings"
— Justin Sun , Executive
"This is the antithesis of decentralization. It is a trap masquerading as a door."
— Justin Sun , Executive
"a trap masquerading as a door"
— Justin Sun , Executive
"I have always been an ardent supporter of President Trump and his crypto friendly policy."
— Justin Sun , Executive
"claims Trump crypto venture 'secretly' installed tool to freeze user holdings"
— Justin Sun , Executive
"World Liberty had embedded what he described as a 'backdoor blacklisting function' in the blockchain-based contracts used for the tokens."
— Justin Sun , Executive
Key People
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMizgFBVV95cUxOaVd4RmtKUXZhMGVza3N6SVJkRTZ5cmJ1YzlrbGRGcXNoenEtOUZIWDdRUGdlU3B3TE1rS3RnZ3ZremxUeE9wMnBQeUFLVzBvRTVCVmM0MkxtUzlPUTNXcmtTSnF3djdmRDVvOVZTaHhYOXcwVWpqc042WDRiN2ZUTzJaR1BOMTlieGsxS2FidlNKQTBxSk5qTkhsSkE5Z1dYdU55YURHdEMwSEhNYWJlU1dFMkozMmtCeFhsbEpjT3RDMEIxRkxtb0haU2xUUQ?oc=5" target="_blank">World Liberty investor Justin Sun claims Trump crypto venture 'secretly' installed tool to freeze user holdings</a> <font color="#6f6f6f">Reuters</font>
Justin Sun alleges that World Liberty Financial embedded a 'backdoor blacklisting function' in its WLFI token, granting unilateral power to freeze or restrict token holders' assets without notice or recourse.

Justin Sun alleges that World Liberty Financial embedded a 'backdoor blacklisting function' in its WLFI token, granting unilateral power to freeze or restrict token holders' assets without cause or recourse.
World Liberty Financial faces backlash after Justin Sun accused the project of embedding undisclosed backdoor controls in its WLFI token, allowing insiders to freeze or confiscate funds.
Justin Sun, a major investor, accuses World Liberty Financial of secretly building controls that let insiders freeze token holders' funds, calling the project 'a trap masquerading as a door.'
Justin Sun alleges that World Liberty Financial embedded a hidden 'backdoor' mechanism in its smart contract, granting operators unchecked authority to freeze, restrict, or seize investors' tokens at will.
Justin Sun alleges that World Liberty Financial embedded a 'backdoor blacklisting function' in its WLFI token, granting unilateral power to freeze or restrict token holders' assets without notice or recourse.
Justin Sun publicly condemns World Liberty Financial, alleging that its smart contract contains a backdoor blacklist function allowing unilateral freezing of user assets. He reveals that his WLFI tokens have been illegally added to the blacklist, accusing the project team of violating decentralization principles and lacking transparent governance.
World Liberty Financial, co-founded by members of the Trump family, faces credibility issues after Justin Sun accused the project of enabling insiders to freeze token holders' funds and described it as a deceptive trap.
Justin Sun alleges that Trump's World Liberty Financial secretly installed a tool to freeze user holdings of its WLFI token. Sun claims the firm embedded a 'backdoor blacklisting function' giving it unilateral power to restrict or confiscate tokens without cause. Reuters could not verify these claims. World Liberty denied the allegations on X, stating, 'We have the contracts. We have the evidence. We have the truth. See you in court pal.'
Similar Stories
Related coverage based on topic and tags
Cryptocurrency chief facing extradition from UK to US on fraud charges - Reuters
Cryptocurrency chief facing extradition from UK to US on fraud charges Reuters
August 26, 2026 at 06:22 PMTrump bought shares in Elon Musk's SpaceX in June, financial disclosure shows - Reuters
Trump bought shares in Elon Musk's SpaceX in June, financial disclosure shows Reuters
August 24, 2026 at 06:49 PMTrump says he did not direct Bessent to intervene in bond market - Reuters
Trump says he did not direct Bessent to intervene in bond market Reuters
August 21, 2026 at 11:27 PMTrump says US is taking partial control of Venezuela's vast oil reserves - Reuters
Trump says US is taking partial control of Venezuela's vast oil reserves Reuters
August 28, 2026 at 10:55 PMTrump signs order banning some foreign equipment from US energy grid - Reuters
Trump signs order banning some foreign equipment from US energy grid Reuters
August 26, 2026 at 08:31 PMChina examines new legal tool to pursue graft suspects, assets abroad - Reuters
China examines new legal tool to pursue graft suspects, assets abroad Reuters
August 26, 2026 at 04:08 AM