Justin Sun slams Trump-linked WLFI governance vote as 'absurd scam'

Tron founder Justin Sun has sharply criticized a new governance proposal from World Liberty Financial (WLFI), a cryptocurrency project linked to the family of U.S. President Donald Trump, calling it an "absurd scam." The proposal seeks to impose a lock-up period of up to five years on over 62 billion tokens and indefinitely freeze the assets of those who vote against it. Sun alleged that the project's team is attempting to monopolize power by using specific wallets to overturn vote results or blacklist users. Sun, who previously invested $30 million and served as an advisor to WLFI, had recently accused the project of treating its treasury like a "personal ATM" by taking out large loans against its token holdings, which he said caused the price to crash. WLFI has since threatened legal action, escalating the conflict.