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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InTRON founder Justin Sun has intensified his rhetoric against the Trump-backed World Liberty Financial (WLFI), labeling its latest governance proposal a 'power consolidation and property expropriation operation'. Sun characterized the proposal as 'coercion' rather than a legitimate voting process, arguing that the governance structure lacks free choice for investors. The situation escalated following revelations that the proposal includes a punitive clause to lock tokens indefinitely if holders decline the updated terms. This backlash centers on a controversial lock-up plan extending up to four years, alongside a 5-year vesting schedule for 45.24 billion WLFI tokens held by insiders. Despite his $75 million initial investment, Sun's latest comments highlight a complete breakdown in trust regarding the project's democratic mechanisms. Analysts suggest that the threat of permanent token freezes has severely undermined investor confidence and project credibility within the DeFi ecosystem.