Billionaire investor Justin Sun is suing the Trump family’s cryptocurrency company, World Liberty Financial, accusing the firm of improperly freezing his tokens amid a dispute.
In a lawsuit filed Tuesday, Sun alleged that World Liberty Financial is “engaging in an illegal scheme to seize property.”
“World Liberty’s fraud has caused Mr. Sun and his companies to incur hundreds of millions of dollars in damages, and they seek to be compensated—and also seek certain narrow equitable relief—through this lawsuit,” the filing reads.
The founder of the crypto firm TRON spent $45 million purchasing $WLFI tokens in late 2024 and early 2025, as World Liberty Financial got off the ground.
Then-presidential candidate Trump and his sons launched the company in the fall of 2024. It came as Trump reversed course from his previous skepticism about crypto and embraced the industry during his campaign.
