Crypto entrepreneur Justin Solar says he’s filed a lawsuit in opposition to World Liberty Monetary, alleging the venture improperly froze his tokens and stripped his governance rights.
Solar detailed the transfer in a brand new put up on X.
“At this time, I filed a lawsuit in California federal courtroom in opposition to World Liberty Monetary to guard my authorized rights as a holder of WLFI tokens.”
In accordance with Solar, the battle stems from actions taken by people related to the venture.
“They wrongfully froze all of my tokens, stripped me of my proper to vote on governance proposals, and have threatened to completely destroy my tokens by ‘burning’ them—all with none correct justification…
I’ve tried in good religion to resolve this example… However the venture crew has refused my requests… They’ve left me with no selection however to show to the courts.”
Solar says the dispute doesn’t mirror a shift in his political stance.
“I’ve all the time been—and stay—an ardent supporter of President Trump and his Administration’s efforts to make America crypto pleasant. This lawsuit doesn’t change how I really feel about President Trump or the Trump Administration.”
The dispute additionally extends to a governance proposal printed on April 15, which Solar says is dangerous to token holders.
He believes the proposal might impose strict vesting schedules and indefinitely lock tokens for many who don’t explicitly settle for its phrases.
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