Justin Sun again criticizes centralized structure of WLFI

Tron (TRX) founder Justin Sun has again criticized the centralized structure of World Liberty Financial (WLFI), a DeFi project linked to the Trump family, amid threats of legal action from the project. In a post on X, Sun called on WLFI to disclose the identities of the entity operating its 3/5 multisig wallet and the single guardian Externally Owned Account (EOA) that controls its smart contract. He stated that on-chain records show the single guardian EOA, which is part of the multisig, was responsible for blacklisting his wallet. Sun explained that this single address has the unilateral authority to freeze assets, whereas seizing assets requires a multisig vote. He argued that this structure renders the project's decentralized governance a mere formality, concentrating real power in a single anonymous account. Sun concluded that such a concentration of authority is unjustifiable for a project that claims to advocate for decentralization and financial freedom.