World Liberty Financial threatens top token holder with legal action as WLFI loses $700M amid token scandal

World Liberty Financial (WLFI), the decentralized finance platform backed by President Donald Trump, is navigating a deepening crisis as a precipitous drop in its token price collides with a bitter public dispute involving Tron founder Justin Sun. The turbulence centers on two distinct but compounding controversies: accusations from Sun that the protocol’s team used centralized “backdoor” mechanisms to freeze his eig…