Trump-Linked WLFI Files Major Defamation Lawsuit Against Billionaire Justin Sun
Summary
World Liberty Financial (WLFI), a crypto project affiliated with Donald Trump, has filed a major defamation lawsuit against billionaire Justin Sun. The lawsuit alleges that Sun orchestrated a deliberate campaign to trash WLFI's reputation and manipulate its token price, beginning in April 2026. The conflict stems from a previous business relationship where Sun, an advisor, had invested $30 million in WLFI tokens. The legal battle intensified when WLFI froze Sun's assets after he allegedly attempted to move them to Binance in violation of terms. Sun responded by filing his own lawsuit in April, claiming WLFI wrongfully locked his tokens and stripped him of voting rights. WLFI counters that Sun's public statements were misleading and that he used money to amplify his claims via influencers and bots. The token has suffered significant losses amid the public feud, and WLFI is seeking financial accountability for damages.
(Source:Newsbtc)