Polygon Dev Exposes Trump-Linked WLFI in Explosive Crypto Scam Allegation

The crypto market has been rocked by new allegations involving World Liberty Financial (WLFI), a project with ties to U.S. President Donald Trump.

A Polygon dev has accused WLFI of misappropriation after his tokens were frozen, raising concerns of a WLFI scam and sparking broader discussions about fairness, compliance, and trust in the blockchain industry.

Read Also: Why Does the Trump Family’s WLFI Deal Affect Its Launch?

Polygon Developer Accuses WLFI of Token Theft

Source: Bruno Skvorc on X

Bruno Skvorc, a Polygon developer, revealed that WLFI froze his investment by labeling his wallet “high risk.” In a post on X, Skvorc described the incident as outright theft, claiming that WLFI accepted his funds but refused to unlock his tokens as promised.

“TLDR is, they stole my money,” Skvorc wrote, calling WLFI “the new age mafia.” He stated that six investors, including himself, were subject to 100% token lockups from day one, with no ability to reclaim their assets.

The Polygon developer accusation has fueled outrage within the crypto community, as many see it as a case of crypto misappropriation and stolen crypto tokens.

Compliance Tools Under Fire

The situation also highlights the controversial use of automated compliance systems. Blockchain investigator ZachXBT criticized WLFI for relying too heavily on flawed tools that often mislabel addresses as “high risk.”

According to ZachXBT, such tools frequently flag wallets for trivial reasons, including past interactions with DeFi platforms, mixers like Tornado Cash, or even unrelated exchange transactions.

In Skvorc’s case, the flag was traced to indirect links with sanctioned entities such as Garantex and Netex24.

This raises a bigger question: is WLFI protecting its community, or engaging in WLFI fraud under the guise of compliance?

Read Also: Trump-Backed WLFI Expands USD1 Stablecoin to Solana, Mints $100M

Justin Sun’s Frozen Tokens

Adding fuel to the controversy, Justin Sun, founder of Tron, also revealed that his WLFI tokens were frozen. His wallet was blacklisted after blockchain trackers flagged a $9 million transfer, sparking speculation of early selling.

Sun rejected these claims, calling the freeze “unreasonable” and a violation of blockchain’s core principles. He described tokens as “sacred and inviolable,” urging WLFI to release his funds. 

The Justin Sun frozen tokens case further amplifies suspicions of WLFI scam activity and potential abuse of compliance systems.

WLFI’s Defense

Source: WLFI on X

WLFI has defended its actions, stating that wallet blacklisting was a measure to protect users from compromised accounts and phishing attacks.

The project insists it never intervenes to silence normal activity, emphasizing that over 200 wallets flagged were tied to malicious behavior.

However, critics argue that legitimate investors, including well-known figures like Skvorc and Sun, should not have been caught in the net.

The controversy has led many to question whether WLFI’s compliance system is being used as a smokescreen for token theft.

Read Also: WLF Coin or WLFI Token? Make No Mistake

Conclusion

The ongoing dispute between WLFI and its investors underscores the growing tension between security and investor rights in the crypto space. While compliance is essential, projects that misuse or over-rely on flawed tools risk being labeled as fraudulent.

The cases of Polygon dev Bruno Skvorc and Justin Sun highlight the dangers of opaque practices, fueling the narrative of a potential WLFI scam.

As the crypto industry continues to evolve, transparency and accountability remain critical in preventing crypto scam news from becoming the norm.

Stay ahead of breaking stories like this and get in-depth crypto market updates by following the Bitrue blog.

FAQ

What is WLFI?

World Liberty Financial (WLFI) is a crypto project with reported ties to Donald Trump’s family, now under fire for freezing investor tokens.

Why is the Polygon dev accusing WLFI of fraud?

Bruno Skvorc, a Polygon developer, claims WLFI accepted his investment but refused to unlock his tokens, labeling his wallet “high risk.”

Were Justin Sun’s tokens also frozen?

Yes. Justin Sun reported that his WLFI tokens were frozen after his wallet was flagged, sparking further accusations of unfair practices.

Is WLFI a scam?

While WLFI denies wrongdoing, critics argue its reliance on flawed compliance tools and token freezes amounts to WLFI fraud and crypto misappropriation.

How can investors stay safe from scams like this?

Investors should diversify holdings, research project transparency, and stay informed through trusted crypto news sources such as the Bitrue blog.