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“Justin Sun Sues Trump-Backed World Liberty Over Frozen Crypto Tokens” 🚨🚨🚨

Crypto billionaire Justin Sun has filed a lawsuit against the Trump-linked crypto project World Liberty Financial, escalating a high-profile dispute over frozen digital assets and governance rights.

According to the complaint filed in federal court in California, Sun alleges the project engaged in an “illegal scheme to seize property” after freezing his WLFI tokens and stripping his governance rights. He also claims the platform threatened to burn his holdings, which at times were valued at nearly $1 billion.

Sun, who invested a combined $75 million into the project and was previously named an adviser, said he attempted to resolve the issue privately before resorting to legal action. “They have left me with no choice but to turn to the courts,” he wrote in a post on X.

The lawsuit also raises concerns about the financial stability of World Liberty Financial, suggesting the project may struggle to repay an on-chain loan backed by billions in WLFI tokens. The token itself recently hit record lows, adding pressure to already fragile market sentiment.

Despite the dispute, Sun emphasized that his stance on Donald Trump remains unchanged, saying he continues to support efforts to make the United States more crypto-friendly.

The controversy comes amid growing volatility in the crypto sector, where governance disputes, token freezes, and liquidity concerns are increasingly drawing regulatory and legal scrutiny.