{"id":96217,"date":"2026-04-16T10:22:36","date_gmt":"2026-04-16T07:22:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96217"},"modified":"2026-04-16T11:02:00","modified_gmt":"2026-04-16T08:02:00","slug":"wlfi-holders-threaten-trumps-sons-project-with-class-action","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/wlfi-holders-threaten-trumps-sons-project-with-class-action\/","title":{"rendered":"WLFI Holders Threaten the Project with Class Action"},"content":{"rendered":"<p>The team behind the DeFi platform World Liberty Financial (WLFI) has proposed extending the <span data-descr=\"the process of gradual unlocking and distribution of tokens according to a pre-established schedule\" class=\"old_tooltip\">vesting<\/span> period to four years. Investors have labeled the initiative a &#8220;scam.&#8221;\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019ve just posted a governance proposal to the forum for community discussion, and we believe it represents one of the strongest long-term governance alignment signals in DeFi.<\/p>\n<p>Here&#8217;s what it does \ud83e\uddf5<\/p>\n<p>\u2014 WLFI (@worldlibertyfi) <a href=\"https:\/\/twitter.com\/worldlibertyfi\/status\/2044391016103322028?ref_src=twsrc%5Etfw\">April 15, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The developers intend to replace the indefinite lock of 62.3 billion WLFI with a scheduled release plan.<\/p>\n<p>For founders, team members, advisors, and partners, a two-year token freeze and a three-year token release period are planned. They are also required to burn 4.5 billion coins.\u00a0<\/p>\n<p>Early participants&#8217; assets will be locked for two years, with fund access taking an additional 24 months.\u00a0\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If holders do not approve the new schedule, their tokens will remain locked under the old terms indefinitely,&#8221; noted WLFI.<\/em><\/p>\n<\/blockquote>\n<p>The proposal requires a quorum of 1 billion WLFI and a simple majority after a seven-day vote, the team reported. Once the functionality is deployed, holders will have 10 days to accept the terms.<\/p>\n<h2 class=\"wp-block-heading\">&#8220;Not a Vote, but Coercion&#8221;<\/h2>\n<p>The largest WLFI holder and TRON founder <a href=\"https:\/\/forklog.com\/en\/news\/justin-sun-the-biography-career-and-crypto-fortune-of-trons-founder\">Justin Sun<\/a> opposed the initiative.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This Is World Tyranny, Not World Liberty Financial \u2014 Here&#8217;s Why<\/p>\n<p>This proposal has been packaged as a &#8220;governance alignment signal&#8221; and a &#8220;long-term commitment,&#8221; but strip away the packaging and what you have is one of the most absurd governance scams I have ever seen. Let me\u2026 <a href=\"https:\/\/t.co\/sJhFMnLWsJ\">https:\/\/t.co\/sJhFMnLWsJ<\/a><\/p>\n<p>\u2014 H.E. Justin Sun \ud83d\udc68\u200d\ud83d\ude80 \ud83c\udf1e (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/2044478300236746912?ref_src=twsrc%5Etfw\">April 15, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Not governance, but farce. Presented as a &#8216;governance alignment signal&#8217; and &#8216;long-term commitment,&#8217; but in essence, it is one of the most absurd governance scams I have ever seen,&#8221; he wrote.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>The entrepreneur described the proposal as a &#8220;logical trap&#8221; that would permanently lock the tokens of holders voting against it. According to him, the developers have provided direct punishment for dissenters.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;This is not a vote. This is coercion. What democratic process rewards agreement and punishes dissent?&#8221; Sun noted.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>He also reported that he and several other major WLFI investors were barred from voting \u2014 their <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-governance-token\">governance tokens<\/a> were frozen by the project team.<\/p>\n<h2 class=\"wp-block-heading\">Conflict with the Community and Threat of Lawsuits<\/h2>\n<p>Disagreements between the TRON founder and the Trump-affiliated platform began back in 2025. At that time, after transferring 50 million coins, Sun&#8217;s address was <a href=\"https:\/\/forklog.com\/en\/news\/justin-sun-blacklisted-by-wlfi\">blacklisted<\/a> by WLFI.\u00a0<\/p>\n<p>The discussion <a href=\"https:\/\/forklog.com\/en\/news\/justin-sun-criticizes-wlfi-for-lack-of-transparency\">intensified<\/a> following <a href=\"https:\/\/forklog.com\/en\/news\/justin-sun-criticizes-wlfi-for-lack-of-transparency\">reports<\/a> that World Liberty Financial was taking loans against its own governance tokens. Other WLFI holders joined the criticism, especially after the new vesting schedule proposal.\u00a0<\/p>\n<p>Some users plan to file a class action lawsuit against the project.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">If you hold this shitcoin, do not accept the terms. 2 years vest will end after the Trump presidency and this thing will be at $0.00 by then. <\/p>\n<p>Don\u2019t accept, remain eligible for the class action lawsuit against them<\/p>\n<p>\u2014 kripu \ud83c\uddf3\ud83c\uddf5 (@crypto_kripu) <a href=\"https:\/\/twitter.com\/crypto_kripu\/status\/2044407590616981581?ref_src=twsrc%5Etfw\">April 15, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If you hold this coin, do not accept the terms. The two-year vesting will end after Trump&#8217;s term, and by then this thing will be worth zero,&#8221; wrote an investor under the nickname kripu.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>Many <a href=\"https:\/\/x.com\/tradertheory\/status\/2044415568833307083\">called<\/a> World Liberty Financial&#8217;s actions a scam, <a href=\"https:\/\/x.com\/VivalaCoinBTC\/status\/2044441601133453743\">expressing hope<\/a> for future legal proceedings. At the time of writing, the developers had not commented on the claims.<\/p>\n<p>In May 2025, investor Jonathan Lopez <a href=\"https:\/\/forklog.com\/en\/news\/world-liberty-financial-executive-accused-of-fraud\">filed a lawsuit<\/a> against WLF&#8217;s head of data and strategy, Chase Herro, accusing him of fraud.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The WLFI team proposed extending the vesting period to four years. Investors called it a &#8220;scam.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":96218,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"WLFI team proposed a four-year vesting period, sparking investor outrage.","creation_source":"ai_translated","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1302,1770],"class_list":["post-96217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-justin-sun","tag-world-liberty-financial-wlfi"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"WLFI team proposed a four-year vesting period, sparking investor outrage.","is_update":"0","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96217"}],"version-history":[{"count":2,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96217\/revisions"}],"predecessor-version":[{"id":96220,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96217\/revisions\/96220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96218"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}