Crypto entrepreneur Justin Solar says he’s filed a lawsuit in opposition to World Liberty Monetary, alleging the challenge improperly froze his tokens and stripped his governance rights.
Solar detailed the transfer in a brand new publish on X.
“Immediately, 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 keeping with Solar, the battle stems from actions taken by people related to the challenge.
“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 challenge crew has refused my requests… They’ve left me with no selection 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 printed 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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