Crypto entrepreneur Justin Solar says he’s filed a lawsuit in opposition to World Liberty Monetary, alleging the mission improperly froze his tokens and stripped his governance rights.
Solar detailed the transfer in a brand new publish on X.
“In the present day, I filed a lawsuit in California federal court docket in opposition to World Liberty Monetary to guard my authorized rights as a holder of WLFI tokens.”
In line with Solar, the battle stems from actions taken by people related to the mission.
“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 case… However the mission crew has refused my requests… They’ve left me with no alternative however to show to the courts.”
Solar says the dispute doesn’t replicate a shift in his political stance.
“I’ve at all times 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 revealed on April 15, which Solar says is dangerous to token holders.
He believes the proposal may impose strict vesting schedules and indefinitely lock tokens for individuals who don’t explicitly settle for its phrases.
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