Accusations Against World Liberty Financial
A crypto developer has accused World Liberty Financial (WLFI), a cryptocurrency project associated with US President Donald Trump, of misappropriating his funds by refusing to unlock his tokens.
In a post on X on Saturday, Polygon DevRel Bruno Skvorc shared an email from WLFI’s compliance team, which identified his wallet address as “high risk” due to its blockchain exposure. The team stated that his tokens would not be released.
“TLDR is, they stole my money,” Skvorc wrote. “And because it’s the @POTUS [The president of the United States] family, I can’t do anything about it. This is the new age mafia. There is no one to complain to, no one to argue with, no one to sue.”
In a response to another user, Skvorc mentioned that he is among six investors subjected to 100% token lockups from the start. “It was not ‘high risk’ to accept money from this address, but it is high risk to unlock owed money into it,” he noted.
The incident raised concerns regarding the compliance tools employed by projects like WLFI. Onchain investigator ZachXBT commented, explaining that automated tools frequently classify addresses as “high risk” for trivial or erroneous reasons, such as interactions with DeFi contracts or exchanges.
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“I helped a team manually review addresses for a presale because popular compliance tools labeled them high risk due to unrelated activity several hops away,” ZachXBT stated. “These tools are deeply flawed.”
In Skvorc’s situation, the flags were connected to a prior transaction through the crypto mixer Tornado Cash, indirect associations with sanctioned entities like Garantex and Netex24, and a previous engagement with a now-blacklisted dashboard.
Located in Croatia, Skvorc is a blockchain developer who contributed to Ethereum 2.0. He is also the founder of RMRK, a company that integrates multi-resource NFTs into gaming metaverses.
Justin Sun’s WLFI Token Issue
On Friday, Tron founder Justin Sun disclosed that his WLFI token allocation has also been frozen. His wallet was blacklisted after blockchain trackers flagged a $9 million transaction, leading to accusations that he had initiated sales.
In a post on X, Sun described the freeze as “unreasonable” and urged World Liberty Financial to release his tokens. He asserted that the decision contradicted the fundamental principles of blockchain and referred to tokens as “sacred and inviolable.”
