Tron (CRYPTO: TRX) founder Justin Sun escalated his attack on the Trump family-backed World Liberty Financial (WLFI) platform on Monday, claiming its governance structure is “hollowed from the inside.”
Sun Accuses WLFI Of Power Centralization
In an X post, Sun alleged that only one person in the company has the “unilateral power to freeze any token holder’s assets.”
Drawing on the analysis by on-chain sleuth banteg, Sun said that a single guardian externally owned account blacklisted his wallet last year.
Note that certain addresses are given “guardian” roles in token contracts. These guardians have admin privileges, including the ability to call a blacklist function.
Additionally, Sun alleged that seizing assets requires a 3-of-5 multisig vote, meaning that the proposal must be signed and approved by at least three out of five designated authorized key holders.