Justin Sun Sues Trump's World Liberty Financial Over Frozen Tokens

Tron (TRX) founder Justin Sun filed a lawsuit against World Liberty Financial (WLFI), a cryptocurrency project supported by US President Donald Trump, alleging that the WLFI project team froze his tokens without valid reason and stripped him of voting rights. The lawsuit was filed in California federal court, and tensions between Sun and the Trump-backed project have escalated following public statements from Eric Trump, Donald Trump’s second son.

Eric Trump’s Response

Eric Trump, WLFI co-founder, responded to Sun’s lawsuit by comparing it to what he described as an absurd purchase. Trump stated that Sun’s lawsuit was as ridiculous as “paying $6 million for a banana taped to a wall.” His comments underscored the WLFI team’s dismissal of the legal action.

WLFI’s Position

The WLFI team rejected Sun’s case as baseless, characterizing it as a “desperate” attempt at public sabotage. While the team accused Sun of unspecified irregularities, no specific details regarding these allegations were provided.

Sun’s Allegations

According to the lawsuit, Justin Sun alleges that World Liberty Financial took three specific actions against him: freezing his tokens without valid justification, stripping him of his voting rights in governance proposals, and threatening to permanently burn his tokens.