World Liberty, the crypto venture co-founded by Donald Trump Jr and Eric Trump, is facing mounting backlash after crypto tycoon Justin Sun criticized its governance structure. The WLFI token has plunged nearly 16% over the past month as concerns grow about the project's financial decisions.

The company borrowed $75 million against approximately $440 million worth of its own WLFI token, according to Kaiko Research. Traders fear potential token sales if the loan faces pressure, though World Liberty claims no liquidation risk and has already repaid $25 million of the borrowed funds.

Sun, who purchased $75 million in WLFI tokens following Trump's election, attacked the project on social media, calling it "World Tyranny" and accusing the team of "treating the crypto community as a personal ATM." The Trump family has raised about $715 million through the venture, with President Trump declaring $57.3 million in personal income from the project.