Polygon Developer Calls Out WLFI Team For “Stealing His Funds”

Among some of the loudest backlashes that President Donald Trump-associated World Liberty Financial (WLFI) has faced in recent times is one from Polygon developer Bruno Skvorc. He literally lashed out at the project on Saturday with accusations of the company stealing his funds. Skvorc’s Wallet Blacklisted by World Liberty Financial Team Skvorc took to X to vent his displeasure about WLF, noting that the company’s association with the 47th President of the United States (POTUS) has made it difficult for him to react accordingly. Apparently, the Polygon developer was one of those whose pre-sale tokens were frozen by WLF. Tron founder Justin Sun was also one of the affected users. To his X post, Skvorc attached an email response that he received from WLF, citing that the firm would “not be able to unlock” his tokens. To this, he claimed that “they stole my money, and because it’s the @POTUS family, I can’t do anything about it.” According to WLF, the token freeze was justified “due to the high risk blockchain exposure associated with” Skvorc’s wallet. Tron Founder Plans to Acquire $20 Million WLFI Tokens Skvorc is not the only one with something to say about the token freeze. Tron founder described the exercise as an unreasonable freeze that defiles the principle of decentralized blockchain technology. In his case, he was accused of offloading $9 million worth of WLFI tokens in his HTX exchange. The WLF freeze affected 540 million unlocked and 2.4 billion locked tokens. Altogether, this stash is worth more than $3 billion. Despite this setback, Sun says he is committed to WLF and its token for a long term. To substantiate his claim, he has announced plans to buy $20 million worth of WLFI tokens. World Liberty Financial Burns 47 Million Tokens to Control Supply Meanwhile, WLFI took 47 million WLFI tokens out of circulation almost immediately after the token’s market debut. This action permanently reduces supply, but in this case, only a small amount of tokens was incinerated. That is, just 0.19% out of the 24.66 billion WLFI that is currently in circulation. Though there were very high expectations for the token, the Trump-backed digital token recorded a quick stumble in its value. For context, it opened at $0.331 on Monday, and in a few days, it had lost more than 31% of its value, forcing a reaction from developers. At the time of this writing, WLFI traded at $0.2247 with a 3.61% increase over the last 24 hours. The post Polygon Developer Calls Out WLFI Team For “Stealing His Funds” appeared first on TheCoinrise.com .