Billionaire Tron founder Justin Solar has demanded that Donald Trump-affiliated World Liberty Monetary (WLFI) reveal who’s working its X account after it threatened to take him to court docket.
WLFI made the menace this weekend throughout a heated forwards and backwards with Solar, who invested $75 million into WLFI tokens final 12 months.
Trump’s undertaking has come beneath intense scrutiny after it deposited 3 billion of its WLFI tokens into lending protocol Dolomite in return for a $75 million mortgage in stablecoins. This was forward of it unlocking 80% of its traders’ tokens, elevating doubts about whether or not it’ll promote its positions earlier than the unlock occasion.
Solar’s 544 million WLFI tokens, price $119 million on the time, have been frozen by the agency final September. They’re now price roughly $43.5 million after WLFI’s value dropped to $0.08.
WLFI stated Solar’s deal with was “suspected of misappropriation of other holders’ funds.” Solar downplayed these transactions.
Nevertheless, he took to X on Saturday to “denounce the ongoing token scandals by the bad actors at WLFI.”
I’ve all the time been an ardent supporter of President Trump and his crypto pleasant coverage.
As an early supporter who invested closely in World Liberty Monetary, I did so as a result of I believed within the imaginative and prescient that was offered to the general public: a decentralized finance platform that…
— H.E. Justin Solar 👨🚀 🌞 (@justinsuntron) April 12, 2026
He stated, “Every action taken by the WLFI team to extract fees from users, to secretly implant backdoor controls over user assets, to freeze investor funds without disclosure or due process, and to treat the crypto community as a personal ATM — all of these actions are illegitimate and were never authorized by any fair, transparent, or good-faith community governance process.”
In response, WLFI claimed on Sunday that Solar is “playing the victim while making baseless allegations to cover up his own misconduct.”
It stated, “We have the contracts. We have the evidence. We have the truth,” earlier than including, “See you in court pal.”
World Liberty Monetary’s response to Justin Solar was brief.
Now, Solar is asking for WLFI to disclose who’s working the account and who owns the powers that facilitated the freezing of his token.
Particularly, he desires to know who blacklisted him performing as a “single guardian EOA,” and which people management the three-of-five multisig vote that may additional seize his belongings.
He stated, “A project that claims to stand for decentralization and financial freedom cannot concentrate this level of power in a single anonymous address. If the WLFI team has nothing to hide, they should have no difficulty identifying who controls these keys.”
Throughout the identical weekend as all this, the WLFI eliminated its workforce web page that listed members of the Trump household as web3 ambassadors.
Solar’s Mar-a-Lago dinner is likely to be awkward
Regardless of Solar’s assaults in opposition to WLFI, he nonetheless stays the highest holder of Donald Trump’s memecoin and, within the course of, holds the highest spot for a luncheon with the president at his Mar-a-lago resort.
It’s not a one-to-one dinner nevertheless, and relying on the continued US/Israel warfare in opposition to Iran, there’s an opportunity Trump could skip it fully to take care of extra urgent issues.
Fortune additionally reviews that his attendance isn’t confirmed, and that the White Home correspondents’ dinner takes place on the identical day and Trump is confirmed to attend.
Battle Battle Battle LLC launched the memecoin and is linked to a number of Trump-family entities.
Solar participated within the Trump memecoin competitors final 12 months and held $19 million price of the token. He’s prime of the leaderboard for this 12 months’s dinner with 2.2 billion “Trump points.” Assuming he’s utilizing the identical pockets deal with, he presently holds $9.3 million price of Trump’s memecoin.
This 12 months’s convention will function Tether CEO Paolo Ardoino, Ark Make investments’s Cathie Wooden, UpBit founder Chi-Hyung Tune, and even boxer Mike Tyson, as audio system on the occasion.
WLFI CEO wasn’t proud of viral criticism
One other X thread that criticised WLFI this weekend managed to fire up WLFI CEO, Zach Witkoff.
The thread posted by cybersecurity researcher Peter Girnus went over the assorted connections between the Trump household, its crypto corporations, its companions, authorized instances, presidential pardons, and the billions of {dollars} in play.
It additionally highlighted Solar’s personal relation with the SEC. Girnus, whereas writing as if he have been an envoy to WLFI, stated “Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.”
I’m a Web3 Ambassador at World Liberty Monetary.
There are 12 of us on the workforce web page. 4 are named Trump. 3 are named Witkoff. The web page calls us “the passionate minds shaping the future of finance.”
600,000 wallets purchased our memecoin. They misplaced $3.87 billion. The household… pic.twitter.com/qs90ajgWLS
— Peter Girnus 🦅 (@gothburz) April 11, 2026
He added, “The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The president signs the executive orders. The executive orders inflate the assets. The assets fund the family. I am the reason these events are unrelated.”
Witkoff argued that Girnus misunderstands the information, and claimed WLFI and Trump’s memecoin are unrelated. He additionally claimed that WLFI has “zero association” with the entities Battle Battle Battle LLC or CIC Digital LLC.
Girnus, nevertheless, identified the manifestly apparent side that Trump’s household is linked to each of those corporations.
WLFI defends $75 million mortgage
The $75 million mortgage was one of many more moderen elements that prompted a lot of the discontent presently being voiced.
When the WLFI unlocks, it’ll probably push the worth of the token additional down. This mortgage provides WLFI a place to promote its tokens earlier than the occasion, and keep away from any value depreciation.
WLFI has rejected this notion outright. Spokesperson David Wachsman stated on Friday, “It would be completely false to suggest that World Liberty is ‘exiting’ any positions: instead, we’re doubling down based on our roadmap.”
Let’s speak in regards to the FUD going round our WLFI Markets lending place.
It is unsuitable. Here is what’s truly occurring — and why the actual story is much more attention-grabbing.
— WLFI (@worldlibertyfi) April 9, 2026
World Liberty Monetary’s response to the “FUD” round its mortgage.
He stated, “We are committed to sound risk management and continuously evaluate our positions and collateral structure, which is why we have already paid back 33%.” That’s $25 million repaid.
