World Liberty Financial (WLFI), a crypto project linked to the Trump family, is under fire for freezing hundreds of investor wallets. The move has sparked debate over fairness, trust, and how crypto projects balance security with investor rights.
Developer Alleges Funds Unlawfully Frozen
Bruno Skvorc, a devrel at Polygon, has accused WLFI of stealing his money by refusing to unlock his tokens. He shared an email from WLFI’s compliance team, which flagged his wallet as “high risk” due to blockchain exposure.
“TLDR is, they stole my money, and because it’s the @POTUS 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,” he shared on X.
Skvorc explained that he and five other investors had their tokens locked from day one, with none of the promised 20% unlocks delivered. He pointed out the unfairness of WLFI accepting his investment but later blocking his wallet under the label of “high risk.”
The flags on his account came from three sources:
- 40 ETH he had moved through the crypto mixer Tornado Cash
- Indirect exposure to sanctioned platforms such as Garantex and Netex24
- An interaction with a dashboard later classified as a scam
ZachXBT Flags Flawed Compliance Tools
On chain invest