Today, we are filing a lawsuit against Justin Sun for defamation. Sun has launched a coordinated media smear campaign against World Liberty Financial and refused to stop even when confronted with the truth.
Here's the story.🧵
Sun launched a defamatory smear campaign in conjunction with press outlets that gleefully shared his lies. Sun’s lies were designed, in his own words, to drive the token price “to shit.”
The New York Times and other major outlets previously covered how the SEC accused Justin Sun of fraud, and yet in its desire to smear the Trump and Witkoff families, these outlets promoted his defamatory claims. They should be ashamed of themselves.
Here are the facts: In Nov. 2024, Sun's entity, Blue Anthem, purchased $WLFI tokens. Sun's entities later engaged in prohibited transactions, including transfers of $WLFI tokens to Binance.
When World Liberty exercised its right to freeze these tokens to protect the ecosystem, Sun didn't seek a good faith resolution. Instead, he launched a coordinated smear campaign. He called our governance a "scam," claimed we installed "backdoors," and accused us of treating the community as an "ATM."
Sun didn’t just defame World Liberty himself. He weaponized his money, hiring influencers and deploying bots, to amplify his lies across social media. His actions were coordinated, paid for, and deliberate.
Sun's claims are demonstrably false. The authorized freeze function Sun complains about was disclosed in our Terms of Sale and his own agreements. The governance process is transparent and community-driven. Yet he weaponized his platform to spread lies to more than 4 million followers.
This is about the integrity of decentralized finance. When a major investor tries to destroy the project's reputation, it threatens the trust of every holder. We cannot allow that.
We are taking legal action to hold Sun accountable for defamation. We invite the community to read the full complaint below. And despite the drama, we will stay laser-focused on building with integrity and transparency.
We’ve heard community concerns about recent wallet blacklists. Transparency first: WLFI only intervenes to protect users, never to silence normal activity. 🦅
2/ Over the past few days, 272 wallets were blacklisted. This is a very small segment of total holders and was done solely to prevent harm while we investigate and help impacted users.
3/ Breakdown of the 272:
• 215 (≈79.0%) tied to a phishing attack—we stepped in preemptively to stop hackers from draining funds and are working with the rightful owners to secure/move assets.
• 50 (≈18.4%) owners reported compromise via support; we blacklisted at their request to help protect/recover funds.
• 5 (≈1.8%) flagged for high-risk exposure (security risk under review).
• 1 (≈0.4%) suspected of misappropriation of other holders’ funds; under thorough internal review.
• Day-1 listings across top DEXs & CEXs
• Zero tokens moved early
• Early retail prioritized above founders
• Still trading above $0.20 initial list despite $6B+ volume
• No team sales, only presale unlocks
• Circulating supply: 24.7% (stable & future-proof)
• Treasury well-funded to scale USD1 & WLFI
• Justin Sun fueling WLFI ( announced not selling + WLFI yield on HTX)
• WLFI purchased $2M onchain + burning 47M WLFI
Now, details… 👇
1/
Yesterday was historic: $WLFI launched across top DEXs and CEXs simultaneously. This day-1 multi-exchange, multi-chain scale is rare in crypto. No tokens moved early. 🦅
2/ Security: we blocked hacker attempts stemming from end-user compromises (not an exploit of WLFI). The following transactions show a WLFI-designated wallet executing mass blacklisting of wallets identified as compromised (private-key loss) prior to launch. These onchain actions thwarted attempted theft from the Lockbox. We’re assisting impacted holders to regain access.
WLFI token is becoming tradable & transferable. This thread is your exact guide: what’s happening, when it happens, and what to do—no guesswork.
Network: WLFI launches on Ethereum mainnet.
Initial unlock (early supporters): 20% of WLFI purchased by each wallet in the $0.015 and $0.05 rounds will unlock. This directly rewards the earliest backers.
Hey $WLFI community! Following our exciting vote announcement we've seen your questions and concerns. We're here to clear the air on tradability, unlocks, and timelines. Let's dive in.
Everyone wants $WLFI live ASAP – we get it! But we're holding for one of the largest alignments yet, something that will bring massive attention and clarity to the project. We want this in place BEFORE launch to set us up for long-term success. Patience will pay off. 🦅
We want to dispel the rumors: NO co-founders, team, or advisor tokens will unlock upon launch. We're committed to fairness and building trust from day one.
🧵 1/5 We’re excited to announce that World Liberty Financial has officially posted our governance proposal to Aave’s forum to launch an Aave V3 instance on Ethereum Mainnet! 📜 Check it out here:
2/5 Our proposal aligns perfectly with WLF’s mission: to provide a secure, accessible, and user-friendly DeFi experience for everyone. This is a major step forward in our journey!
3/5 Why Aave?
We chose @aave because it’s the best-in-class lending & borrowing protocol with top-notch security practices and a strong track record. Partnering with Aave enables us to deliver a reliable platform our users need. Just use Aave. 🔒