The crypto developer accused World Liberty Financial (WLFI), a crypto project with ties to President Donald Trump, of stealing funds by refusing to unlock the token.
In X’s Saturday post, Polygon Devrel Bruno Skvorc shared an email from the WLFI compliance team. The team said his token will not be released.
“TLDR, they stole my money,” Skvorc wrote. “And I can’t do anything about it because it’s the family of @potus (the president of the United States). This is the mafia of a new era. No one will complain.
In response to another user, Skvorc claimed he was one of six investors who were eligible for 100% token lockup from the start. “Accepting money from this address was not “high risk,” but unlocking the money you paid for it is a high risk,” he writes.
Bruno claims that WLFI stole his funds. sauce: Bruno Skvorc
Related: Whale loses millions in 40% dip in Trump linked WLFI despite a 47m burn
A compliant compliance tool?
The incident sparked criticism of the compliance tools used in projects such as the WLFI. Onchain Sleuth Zachxbt buzzed, explaining that automated tools often flag them as “high risk” for trivial or false reasons, such as defi contracts and interactions with exchanges.
“The popular compliance tool labeled high risk due to the lack of unrelated activities a few times apart, so they helped the team manually review the addresses for pre-sale,” Zachxbt said. “These tools are seriously flawed.”
For SKVORC, the flags were tracked to past transactions via indirect links to authorized entities such as Crypto Mixer Tornado Cash, Garantex and NetEx24, and previous interactions with dashboards that are currently blacklisted.
Croatia-based Skvorc is a blockchain developer working on Ethereum 2.0. He is also the founder of RMRK, a company that integrates multi-resource NFT into the game metaverse.
Related: Crypto Whale Buys $456 million in Ether from Bitcoin in “Natural Rotation”
Justin Sun’s WLFI token is frozen
On Friday, Tron founder Justin Sun also revealed that his WLFI token allocations had been frozen. His wallet was blacklisted after the blockchain tracker flagged a $9 million deal, causing accusations that he began selling.
In X’s post, Sun called Freeze “irrational” and urged World Liberty Financial to unlock the token. He said the decision, contrary to blockchain core values, called the token “sacred and inviolable.”
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