Justin Sun Blasts World Liberty Financial's Governance Proposal as "Coercion," Escalating Trump Altcoin Feud

Gate News message, April 16 — Tensions between Tron founder Justin Sun and World Liberty Financial (WLFI), the Trump-backed altcoin project, intensified on April 15 as Sun harshly criticized the project’s newly proposed governance structure. WLFI, backed by US President Donald Trump and his family, submitted a proposal to lock up over 62 billion tokens for up to five years and permanently freeze assets of those who vote against the measure.

Sun called the governance proposal one of the “most absurd governance tricks” he had ever seen, characterizing it as a fraudulent system based on coercion rather than democratic voting. He specifically objected to the clause that permanently locks tokens of those who oppose the measure, stating: “If you oppose this proposal, you will be punished. This is not a vote. This is coercion. What democratic process rewards compromise and punishes opposition?” Sun also alleged that WLFI’s team was attempting to monopolize power through specific wallet blacklisting mechanisms.

Sun, who previously invested $30 million in WLFI and served as an advisor, recently accused the project of misusing its treasury by taking large loans against token assets, which he claimed was depressing the token price. WLFI has since escalated the dispute by threatening legal action against Sun.