The Bad PlaceAl Jazeera – Breaking News, World News and Video from Al Jazeera | Blockchain billionaire Sun takes Trump family’s crypto firm to court
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Crypto entrepreneur Justin Sun has filed a lawsuit in a California federal court alleging that World Liberty Financial – the crypto venture co‑founded by former U.S. president Donald Trump and his sons – illegally froze his holdings of WLFI tokens and threatened to “burn” them. Sun says he bought $45 million worth of WLFI tokens (about 3 billion) and later received an additional 1 billion as an adviser, but the company allegedly installed hidden tools that prevented him from selling the tokens after they became tradable in September 2025. The suit claims World Liberty repeatedly pressured Sun to invest further, including a $200 million commitment to a stablecoin and an equity stake, and is now proposing a governance change that would lock early investors’ 17 billion tokens until 2030. World Liberty denied the allegations, stating Sun is not an adviser and has no operational role, while the company has already earned more than $1 billion from WLFI sales.
#JustinSun #Tron #WorldLiberty #DonaldTrump #SEC
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