TRON Founder Criticizes WLFI for Transparency Concerns

The controversy surrounding World Liberty Finance (WLFI) has escalated, with Justin Sun, founder of TRON, publicly denouncing the project due to concerns over transparency and decentralization.

According to Sun's statement, WLFI's smart contracts contain a backdoor function that enables the freezing or confiscation of consumer assets without notice. This, he claims, infringes on the principles of decentralization and blockchain fairness, diminishing investor rights.

Sun also revealed that he himself was affected by this issue in 2025 when his wallet was blacked out, making him the largest victim of such actions. He stated that none of the other investors were aware of these backdoor functions, which goes against the project's vision of promoting financial freedom through decentralized finance (DeFi).

The TRON founder emphasized that such governance failures undermine the confidence in the overall blockchain ethos and integrity.