WLFI Selloff Deepens After Controversial Governance Vote Goes Live

World Liberty Financial’s native token WLFI lost

WLFIUSDT now trading at $0.06. Chart: TradingView

But those numbers don’t capture the full picture. Criticism has been loud on X, where replies to World Liberty’s announcement were largely negative.

The voting structure itself drew sharp criticism — anyone who does not cast a vote risks having their tokens locked up with no end date. That mechanic has been widely called coercive.

All the $WLFI early investors who thought they were sitting on solid profits just got rugged, by the Trump family themselves.

This essentially gives them another shot at squeezing the same lemon they’ve been inflating with hot air for the past two years. Which, what a surprise,… https://t.co/yLSNcfeZlm

— Simon Dedic (@sjdedic) April 15, 2026

Moonrock Capital founder Simon Dedic was among the most pointed critics. Reports indicate he compared the proposal to a rug pull and raised questions about the timing — the two-year unlock period lines up with the remainder of US President Donald Trump’s time in office.

Tron founder Justin Sun, who holds a significant amount of WLFI, called it one of the “most absurd” proposals he had ever come across.

Related Reading

World Liberty Defends The Structure

The team behind World Liberty Financial said the vesting design was built to create what they described as a “more clear, bounded picture of governance preferences.” The goal, they said, was to keep tokens in the hands of people who are genuinely committed to the project’s future.

The proposal was first submitted to the governance community on April 15 before going live for voting this week. World Liberty Financial called it “one of the most significant governance proposals in WLFI history.”

Featured image from Unsplash, chart from TradingView