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Justin Sun Accuses Trump-Linked Firm of Asset Freezing Backdoor

4/13/2026

Summary

Story summary

On April 13, 2026, Justin Sun, crypto entrepreneur, alleged World Liberty Financial, co-founded by the Trump family, embedded a backdoor blacklisting function to freeze assets.
Sun said the backdoor blacklisting function allowed unilateral control over World Liberty Financial tokens.
World Liberty Financial denied the allegations and said it has evidence to refute Sun.
The company also said it can freeze tokens linked to illegal activity, similar to Tether.

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Story summary

On April 13, 2026, Justin Sun, crypto entrepreneur, alleged World Liberty Financial, co-founded by the Trump family, embedded a backdoor blacklisting function to freeze assets.
Sun said the backdoor blacklisting function allowed unilateral control over World Liberty Financial tokens.
World Liberty Financial denied the allegations and said it has evidence to refute Sun.
The company also said it can freeze tokens linked to illegal activity, similar to Tether.