One of the most prominent investors in the Trump family's crypto company is now criticizing it

Business NewsOne of the most prominent investors in the Trump family's crypto company is now criticizing itJustin Sun, who said he has pledged $75 million to World Liberty Financial, accused the company of building a "trap door." World Liberty has denied any wrongdoing.Listen to this article with a free account00:0000:00Eric Trump, executive vice president of the Trump Organization, at the Bitcoin Asia conference in Hong Kong in August.Chan Long Hei / Bloomberg via Getty Images fileShareAdd NBC News to GoogleApril 14, 2026, 5:00 AM EDTBy Rob WileJustin Sun, among the largest investors in the Trump family’s primary crypto company, claims the company is misleading investors. It’s the most prominent instance yet of a crypto insider aligned with President Donald Trump calling out his family’s crypto dealings, which Democrats have said benefit from the president’s authority. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.Sunday on X, Sun, a billionaire who is among the most recognizable figures in the crypto industry, accused the Trump group, World Liberty Financial, of setting up a system that grants company officials unilateral power over user accounts. That includes the ability to freeze them. Sun alleges that his account has been subject to a freeze since September and that he has not been able to sell his holdings. According to analysis by the blockchain tracking group Bubblemaps, the value of the holdings Sun has allegedly been unable to move has declined by more than $80 million, to about $43 million. Sun has said he spent at least $75 million on World Liberty tokens, at one point becoming its largest investor.“I have always been an ardent supporter of President Trump and his crypto friendly policy,” Sun wrote. However, he said, “this is the opposite of decentralization. This is a trap door marketed as an open door. I denounce the ongoing token scandals by the bad actors at WLFI.”World Liberty res...