Blockchain billionaire Sun takes Trump family’s crypto firm to court

by | Apr 22, 2026 | World

In the lawsuit Sun alleged that World Liberty illegally froze his holdings of tokens issued by the company.By ReutersPublished On 22 Apr 202622 Apr 2026Crypto entrepreneur Justin Sun has sued World Liberty Financial, the digital currency venture cofounded by United States President Donald Trump and his sons, alleging that World Liberty illegally froze his holdings of tokens issued by the company.Sun alleged in the lawsuit, filed in a federal court in California on Tuesday, that World Liberty secretly installed tools to prevent the sale of his tokens after they became tradable in September 2025. The lawsuit also alleges that World Liberty threatened to “burn” – or permanently delete – his holdings, even while they were in Sun’s digital wallet.Recommended Stories list of 4 itemsend of listSun, the Hong Kong-based founder of the Tron cryptocurrency, bought $45m of WLFI tokens – some 3 billion – and was later awarded a further 1 billion tokens after being named as an adviser to World Liberty, the lawsuit said.Sun’s portfolio of 4 billion WLFI tokens is worth roughly $320m, according to a Reuters news agency calculation based on the latest WLFI price.World Liberty Financial declined to comment on the lawsuit. A spokesperson for the company had told Reuters earlier this week that Sun “is not an advisor at World Liberty Financial, and he has never held an operational role in the company”.The White House did not immediately respond to a request for comment.World Liberty is the most prominent of several lucrative crypto businesses cofounded or controlled by the Trump family, which has already made more than $1bn from World Liberty, according to a Reuters analysis. World Liberty’s bylaws state that 75 perce …

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