Global Stock News

Crypto investor Justin Sun claims World Liberty Financial has back door to seize tokens

Crypto investor Justin Sun claims World Liberty Financial has back door to seize tokens

Cryptocurrency investor Justin Sun, who has pumped tens of millions of dollars into World Liberty Financial, claimed Sunday that the company has a back door to seize traders’ tokens.

Sun said in a social media post that the firm included a program in its smart contracts, which automate blockchain transactions, to confiscate assets. The company has rejected his accusation, however.

“As an early supporter who invested heavily in World Liberty Financial, I did so because I believed in the vision that was presented to the public: a decentralized finance platform that would promote financial freedom, remove intermediaries, and bring the benefits of DeFi to mainstream Americans,” Sun wrote on X. “What was…

Source link

Share this article

Scroll to Top