Sun Criticises WLFI Lock‑ups, Faces Legal Threat

Justin Sun, the man behind Tron, called out WLFI for keeping its token locked too long. He said he put a lot of money into the project early on. Sun also pointed out that most votes in a March proposal came from only ten wallets. He claimed the vote process was hidden and not fair. Sun posted his thoughts on X. In it he said voters were kept in the dark and real participation was blocked. He accused WLFI of deciding outcomes before people could decide. WLFI replied with a warning. They said Sun was acting like a victim and that his accusations were false. The company also threatened to sue him.

The criticism comes while WLFI’s token price dropped sharply. Many users were upset that the platform used its own tokens as collateral for loans on another DeFi site. The price fell to a record low of $0. 07. WLFI said it is an “anchor” borrower that helps the system earn money for token holders. The company says it has never used tokens as an ATM without a proper, transparent process. Sun’s post sparked debate about how projects should manage lock‑ups and voting. People want clear rules so everyone can trust the system.

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