TechFlow News, April 22: Justin Sun recently filed a lawsuit against World Liberty Financial in the U.S. District Court for the Central District of California to protect his legitimate rights and interests as a $WLFI token holder.
Sun stated that the World Liberty team unilaterally froze all his tokens, revoked his voting rights on governance proposals, and threatened to permanently “burn” his tokens—without providing any reasonable explanation. He emphasized that he had repeatedly attempted to resolve the dispute through non-litigious means, but the project team refused to unfreeze his tokens or restore his rights as a token holder, leaving him with no choice but to pursue legal action.
Additionally, Sun explicitly opposes World Liberty’s new governance proposal released on April 15. Under this proposal, token holders who do not actively accept its terms will have their tokens locked indefinitely; tokens purchased early must undergo a two-year lock-up period followed by a two-year vesting period. As Sun’s tokens remain frozen, he is currently unable to vote on this proposal.
