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CryptoMediumUpdated•Originally published 16 April 2026•Updated 16 April 2026•

1 min read

World Liberty Financial Faces Backlash as WLFI Token Plummets 80%

Golden Bitcoin symbol in front of a screen showing cryptocurrency price charts

Key Facts

1Major investor Justin Sun described the 4-year token lock-up plan as one of the most absurd governance scams he has ever seen.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: Added a specific attribution and direct quote from major investor Justin Sun labeling the governance proposal as a scam.

World Liberty Financial, a crypto project associated with Donald Trump, is facing intense scrutiny following a controversial proposal to lock tokens for a four-year period. Major investor Justin Sun explicitly labeled the plan as 'the most absurd governance scams' he has ever seen, significantly escalating the backlash against the project. This criticism coincides with a massive 80% crash in the value of the WLFI token as investors exit their positions amid regulatory concerns. Analysts suggest that the restrictive liquidity measures have severely damaged confidence in the project's governance framework. The combination of price collapse and high-profile condemnation from Sun poses a significant threat to the project's long-term viability. Market participants are now weighing the broader implications for celebrity and politically-affiliated crypto ventures.