Tron Founder Slams Trump Venture Over DeFi Loan

Tron founder Justin Sun has publicly criticized the Trump-backed venture capital firm WLFI, accusing them of treating users like a 'personal ATM.' Sun's comments come after WLFI reportedly secured a $75 million loan from a decentralized finance (DeFi) protocol. The loan was collateralized by WLFI's own token, a move that raises concerns about financial transparency and responsible lending practices within the DeFi space. Sun, previously a significant investor in WLFI, expressed his disappointment and alarm over the firm's recent financial maneuvers.