Justin Sun, founder of Tron, has publicly warned investors about risks related to World Liberty Financial (WLF) and its stablecoin $USD1. Sun alleges WLF secretly embedded a backdoor in the WLFI token contract allowing them to freeze or destroy tokens. He stated that his legal team successfully blocked the attempt to arbitrate the dispute privately and close court files in California federal court, with the court ruling that his personal claims must proceed publicly. During this process, Sun learned of similar authorization mechanisms in $USD1, giving World Liberty the power to freeze or destroy user assets at any time. Sun warned that such powers create significant counterparty risk in centralized stablecoin setups and noted that World Liberty had previously used similar measures against WLFI token holders. He further argued that the collateral for $USD1's $4 billion market cap belongs to users and cannot be used to cover his potential demands reaching hundreds of millions or other liabilities, with no evidence of sufficient other capital, urging extreme caution. World Liberty has not commented, and Sun's statements are allegations only.