Justin Sun posted on Platform X stating that his legal team successfully opposed World Liberty Financial's attempt to move their dispute into secret arbitration and seal related documents in the California federal court. The judge ruled that all personal claims will continue to be heard in open court. Justin Sun accused World Liberty of embedding a 'backdoor function' in its USD1 stablecoin, enabling the project team to freeze or destroy user assets. He also questioned World Liberty and USD1's solvency, claiming that the reported $4 billion market value of USD1 is backed by user collateral, which cannot be used to cover the multi-billion-dollar claims he has filed. Beyond the collateral, he has yet to see evidence that World Liberty possesses sufficient capital to cover potential judgments and other liabilities. He urged investors to exercise 'extreme caution.' World Liberty has not yet publicly responded to his latest remarks. https://(wublock123.com)/news/sun-yu-chen-accuses-world-liberty-usd1-backdoor-function-67006