World Liberty Financial is facing criticism after a new token unlock plan proposed a longer lock period for early WLFI investors. The proposal, posted on Wednesday, said early buyers would face another two years of locked WLFI tokens.
After that, the tokens would unlock gradually over the next two years. At the same time, holders who reject the plan would keep their tokens locked indefinitely.
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That part of the proposal triggered the strongest reaction. Critics said the structure leaves investors with little real choice. As a result, the new crypto governance proposal quickly drew backlash from inside and outside the project.
The dispute also added pressure on the Trump crypto platform, which has already faced criticism over other governance and control issues.
Among the loudest critics was Justin Sun, one of the platform’s advisers and its biggest investor. In a post on X, Sun called the proposal “one of the most absurd governance scams I have ever seen.”
He said his 4% stake in World Liberty Financial is currently frozen. He also said he was being forced out of the voting process while other major holders were in the same position.
WLFI Token Unlock Plan Draws Opposition From Justin Sun
Justin Sun focused on the voting structure behind the WLFI token unlock plan. He said the proposal uses coercion because investors who do not accept the new terms may stay locked indefinitely. He also said the process is unfair because some major holders cannot vote freely while their holdings remain frozen.
That criticism came after Sun had already raised other concerns about World Liberty Financial. He recently attacked another proposal and claimed the platform had controls that could blacklist wallets. However, World Liberty Financial denied that claim. Even so, the latest dispute has kept attention on how the Trump crypto platform handles investor rights and internal governance.
Other market figures also criticized the plan. Simon Dedic, founder of Moonrock Capital, said early WLFI investors who believed they were holding solid profits “just got rugged.”
He added that the proposal gives the project another chance to keep pushing the same asset for a longer period. That reaction showed that criticism was not limited to one adviser or one holder.
World Liberty Financial Says WLFI Proposal Supports Long Term Alignment
Despite the backlash, World Liberty Financial defended the proposal. Spokesman David Wachsman told Cointelegraph in an emailed statement that the plan “was designed to further align all the participants in the WLFI ecosystem for the long run.”
He also said voting on the proposal would begin soon and would last for one week.
Still, the market response remained cautious. The article said the WLFI token traded flat at 8 cents over the past 24 hours. Even so, it was down more than 40% this year.
In addition, the token has dropped more than 75% from its all time high of 33 cents on Sept. 1, which was the first day of public trading after holders voted to allow trading on the previously non tradable token.
Because of that price drop, the new token unlock plan has become even more sensitive for WLFI investors. Many early buyers expected access to their tokens sooner. Instead, the new proposal would extend the lock period and could leave some holders without any clear exit if they reject the terms.
The dispute now centers on two issues. First, critics are attacking the length and structure of the WLFI token unlock plan. Second, they are questioning whether the voting process in World Liberty Financial treats all holders fairly.
For now, the proposal has turned into another governance fight around the Trump crypto platform, with Justin Sun leading the public criticism.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: April 16, 2026 • 🕓 Last updated: April 16, 2026
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