General · 22 April 2026
Trump-Backed Crypto Project Hit With Fraud Lawsuit
Tron founder Justin Sun has sued Trump-backed World Liberty Financial in California federal court, alleging the firm froze around $107 million of his WLFI token holdings via a secretly installed smart contract blacklist. Sun, who invested $45 million in the project in 2024, says World Liberty also threatened to permanently destroy his tokens and stripped his governance voting rights.
Reported by The Guardian · How we write briefs