Croatian developer Bruno Škvorc, who worked on the Polygon, Polkadot, and Ethereum 2.0 networks, accused the platform World Liberty Financial, launched by the family of President Donald Trump, of misappropriating his funds.
The founder of RMRK, a company integrating non-fungible tokens (NFTs) into gaming metaverses, Škvorc disclosed a letter from the World Liberty Financial team, indicating that his address had been flagged as 'high-risk'. The platform informed its user that it would not unlock his WLFI tokens. In response, Škvorc accused the platform of theft. According to the developer, he is one of six investors whose tokens have been locked since the very beginning.
In the case of Shkvorts, the transaction went through the crypto mixer Tornado Cash, and the platform's team also discovered indirect connections with sanctioned platforms Garantex and Netex24, as well as the use of some unnamed service that was blacklisted by World Liberty Financial.
"They stole my money. And since this is the family of the President of the United States, I can do nothing about them. This is a new generation mafia. There is no one to complain to, no one to argue with, no one to sue. Taking money from my address was not a high risk for them, but transferring the tokens owed to me to it was a high risk," Shkvorts expressed outrage.
Independent blockchain detective ZachXBT explained that automated tools for compliance verification used by projects like WLFI are imperfect. These tools often label addresses as high-risk for insignificant reasons or by mistake — even for interacting with decentralized application (DeFi) contracts or exchanges.
On Friday, September 5, Tron founder Justin Sun, considered one of the largest investors in WLFI, also complained about the blocking of his tokens. His address was blacklisted by the platform after moving WLFI worth $9 million. Sun called the freeze unjustified, demanding that World Liberty Financial unlock his tokens. The platform's actions contradict the core values of blockchain, Sun expressed dissatisfaction.
Recently, World Liberty Financial stated that it had blacklisted 272 crypto addresses and named the reasons for the blockings. The platform assured that it does not intend to harm users.
