Trump-Backed Crypto Company Accused of Freezing Investors' Tokens

A cryptocurrency company backed by the Trump family has been accused of creating a 'trap door' that freezes investors' tokens without notice.

Billionaire investor Justin Sun, who was an early supporter of World Liberty Financial, made the accusation on social media platform X. Sun alleged that the company knowingly created a function that allows it to freeze and restrict the rights of token holders like himself.

The company's actions have been compared to using investors' money as a 'personal ATM.' This comes as Hunter Biden weighed in on reports that the Trump family is profiteering from their presidency, saying 'their hypocrisy knows no bounds.'