Sun Yuchen sues World Liberty Financial, alleging the freezing of tokens and deprivation of voting rights

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Deep Tide TechFlow message: On April 22, Sun Yuchen, in recent days, filed a lawsuit in a California federal court against World Liberty Financial to protect his lawful rights as a holder of the $WLFI token.

Sun Yuchen said that, without providing a reasonable explanation and without authorization, the World Liberty project team froze all his tokens, stripped him of his voting rights on governance proposals, and threatened to permanently destroy his tokens (“burn”). He emphasized that he had previously made multiple attempts to resolve the dispute through non-litigation means, but the project team refused to unfreeze the tokens and restore the rights of token holders, forcing him to take the matter to court.

In addition, Sun Yuchen clearly opposes the new governance proposal released by World Liberty on April 15. The proposal states that token holders who do not actively accept the terms will be locked up indefinitely; tokens purchased early must go through a two-year lock-up period followed by a two-year vesting period; and because his tokens have been frozen, he is currently unable to vote on the proposal.

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