Sun Zhenchen has accused the World Liberty Financial (WLFI) team of exploiting the crypto community through a hidden blacklist mechanism. On April 12, Sun condemned WLFI as "bad actors," alleging they treat the community as a "private ATM" and use the blacklist as a "trap" for investors. As an early supporter and major investor, Sun claimed WLFI embedded undisclosed backdoor blacklist functionality in its smart contract, allowing the company to freeze, restrict, and seize token holders' assets unilaterally. Sun, who described himself as the first and largest victim of WLFI's blacklist actions in 2025, criticized the team's actions, including fee withdrawals and arbitrary fund freezing, as lacking fair community governance. He urged WLFI to unlock tokens and operate with transparency and integrity.
Sun Yat-sen Accuses WLFI of Exploiting Crypto Community with Hidden Blacklist
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