Trump-Linked World Liberty Project Faces Investor Revolt
World Liberty says it can top up its collateral to prevent that and has roundly rejected the criticism.
Photographer: Gabby Jones/BloombergWorld Liberty Financial Inc., a Trump family crypto venture, is facing an investor revolt that includes billionaire backer Justin Sun, who accused the project of secretly building controls that let insiders freeze token holders’ funds.
Sun, who poured tens of millions of dollars into World Liberty, called the project “a trap masquerading as a door” in a post on X on Sunday.