Tron founder Justin Sun has sharply criticized a new vesting plan from Trump‑linked World Liberty Financial (WLFI). He says the plan looks like a “trap door” for investors rather than real governance.
World Liberty wants to change how a large share of WLFI tokens unlock for early backers. The project has already faced pushback over earlier decisions that froze Sun’s tokens and cut investor voting power.
How the New WLFI Vesting Plan Works
The new proposal would move more than 62 billion WLFI out of indefinite lockups and into new vesting schedules. For many early investors, most of these tokens would stay locked for two more years. After that, they would unlock slowly over another two‑year period.
Sun says the core problem is what happens if holders refuse the deal. Under the proposal, investors who do not agree to the new terms would see their tokens locked “indefinitely,” with no clear way to unlock them. He argues this design punishes dissent and rewards only those who comply.
In his view, the vote is not a fair choice. He says it works more like an enforcement tool, forcing investors to accept the plan or risk losing effective access to their tokens.
Claims of Rights Violations and Frozen Voting Power
Sun also argues the proposal violates property rights and basic crypto principles. He says he holds about 4% of WLFI’s voting power, but his tokens remain frozen from an earlier blacklist, so he cannot vote properly on the plan.
He warns that the proposal involves assets worth billions of dollars, not just minor details. The plan could reshape unlock schedules, shift governance and vesting rights, and in extreme cases, burn billions of tokens. Sun describes this as an irreversible loss of value, without the normal safeguards such as minority protections and independent review.
He says these steps would never pass in traditional markets, where investors expect clear legal rights and due process. In his view, WLFI’s approach turns governance into a tool to pressure holders, especially those who question management.
The vesting fight comes after several other disputes between Sun and World Liberty. In 2025, Sun said the project blacklisted his wallet, blocking access to hundreds of millions of unlocked WLFI. He later accused the team of building a “backdoor” in the smart contract that lets it freeze tokens “without notice, without cause, and without recourse.”
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