Justin Solar, the founding father of TRON, has accused World Liberty Monetary (WLFI), a DeFi enterprise backed by the Trump household, of concealing a blacklist mechanism in its token contract that enables the mission to freeze, management or seize person funds and undermine the precept of decentralization.
Solar, who poured capital into WLFI throughout its early levels, publicly criticized the mission on X on Sunday as scrutiny mounted following a controversial DeFi lending transfer. He at present owns roughly 545 million WLFI tokens price round $43 million, per Arkham Intel.
The crypto entrepreneur has lengthy supported Trump and his crypto-friendly insurance policies. He acknowledged that his early stake in WLFI was pushed by its promise to democratize finance and eradicate middlemen.
In September 2025, the DeFi mission froze Solar’s WLFI handle, locking about 540 million tokens after transfers to exchanges sparked suspicion of token promoting exercise.
The TRON founder stated these transfers had been minor assessments and urged the workforce to reverse its choice to blacklist his pockets. He warned on the time that unilateral freezes of investor belongings would undermine confidence within the ecosystem.
Solar reiterated his message in right this moment’s submit. He accused the WLFI workforce of imposing charges, implementing hidden controls over belongings, freezing funds with out transparency or due course of, and working exterior of honest governance frameworks.
He additionally argued that governance votes used to justify these actions had been flawed, with restricted participation, lacking data and predetermined outcomes that did not symbolize the broader group.
Solar added that these actions weren’t what he signed up for.
“What was by no means disclosed to me or any investor is that this: World Liberty secretly embedded a backdoor blacklist perform within the sensible contract deploying the WLFI token. This function grants the corporate unilateral energy to freeze, prohibit, and even successfully confiscate the property rights of any token holder—with out discover, with out purpose, and with none avenue for recourse,” Solar wrote. “That is the antithesis of decentralization. It’s a entice masquerading as a door.”
The billionaire referred to as for token entry to be restored, transparency improved and growth guided by integrity.
World Liberty Monetary has come beneath strain after experiences that project-linked wallets used giant quantities of WLFI in lending operations on the Dolomite DeFi lending protocol.
On-chain information suggests a whole lot of tens of millions in WLFI had been deployed as collateral, sparking worries that falling costs may set off liquidations and additional promoting strain on the token.
In response to rising issues, the mission workforce stated they aren’t vulnerable to liquidation, has repaid a part of the mortgage, and plans a governance proposal to handle the problem.
Let’s discuss concerning the FUD going round our WLFI Markets lending place.
It is unsuitable. Here is what’s truly occurring — and why the true story is much more attention-grabbing.— WLFI (@worldlibertyfi) April 9, 2026
The token’s value fell sharply throughout the interval, hitting its document low of $0.077 on April 11, per CoinGecko.
WLFI traded at $0.079 at press time, down about 76% from its all-time excessive of $0.3 set final September.
