Trump-related cryptocurrency project WLFI faces strong opposition for freezing withdrawals
Source: CoinWorld
Time: 2025-09-07 15:09:19
Politically supported cryptocurrency project World Liberty Financial (WLFI) faces strong opposition after investors reported being banned from accessing assets they held. Bruno Skvorc, founder of NFT startup RMRK and early contributor to Ethereum 2.0, claimed that WLFI’s compliance team rejected his withdrawal request and called his wallet “high risk” despite his initial deposit being valid. He compared the experience to a "mafia-style system" and noted that others face similar restrictions. Analysts believe that because these wallets are indirectly associated with sanctioned platforms such as Tornado Cash or Garantex, automation risk tools may have marked them. The controversy comes after WLFI’s recent price plunge by 40% and its tokens destroyed, raising concerns about transparency and accountability.