According to a report by Bloomberg on April 22, TRON founder Justin Sun has filed a lawsuit against World Liberty Financial (WLFI) in federal court in California. WLFI is a decentralized finance (DeFi) project supported by U.S. President Donald Trump’s sons. In a statement released on Wednesday, Justin Sun said he decided to pursue legal action after attempts to resolve the dispute out of court were rejected.
Justin Sun’s Main Allegations
According to a public statement Justin Sun released on Wednesday, the core issues behind his lawsuit include: the WLFI tokens he holds were allegedly frozen in error, and the associated governance rights were taken away without justification; and a governance proposal recently put forward by World Liberty Financial that he claims could impose an indefinite lock on token holders who do not accept the proposal, and that he says he was unable to participate in the vote due to the related restrictions.
In his statement, Justin Sun said he believes the actions by World Liberty Financial violate principles of fairness and transparency, and said he had tried to resolve the dispute through non-legal channels but was refused.
Justin Sun’s Clarification on Political Stance
In his statement on Wednesday, Justin Sun emphasized that he will continue to support President Trump and his administration’s pro-cryptocurrency policies, and he clearly stated that the target of the dispute is the project team behind World Liberty Financial, not the political leadership. According to Bloomberg, World Liberty Financial has not yet issued a public response to the lawsuit.
FAQ
What grounds is Justin Sun suing World Liberty Financial for?
According to a report by Bloomberg on April 22, 2026, Justin Sun filed a lawsuit against World Liberty Financial in the federal court in California. The main disputes include: the WLFI tokens being frozen in error, governance rights being stripped without cause, and a governance proposal that is alleged to permanently lock token holders who oppose it.
Who is World Liberty Financial associated with?
According to Bloomberg, World Liberty Financial (WLFI) is a decentralized finance (DeFi) project supported by U.S. President Donald Trump’s sons, Eric Trump and Donald Trump Jr.
How does Justin Sun describe his stance toward the Trump administration?
In a public statement released by Justin Sun on Wednesday, he said he will continue to support President Trump and his administration’s pro-cryptocurrency policies, and he clarified that the dispute in this lawsuit targets the project team of World Liberty Financial, not the political leadership.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trump Softens Prediction Market Criticism, Cites Support from 'Smart People'
President Donald Trump reversed his recent criticism of prediction markets on Saturday, telling reporters that "very smart" people he knows support the industry, despite his Thursday comments characterizing the sector as contributing to turning "the whole world" into "somewhat of a casino." The
CryptoFrontier1h ago
French Prosecutors Charge 88 in Crypto Wrench Attack Ring
French authorities have charged 88 individuals, including 10 minors, in connection with kidnappings and extortions targeting cryptocurrency owners, according to a statement from the National Public Prosecutor's Office for Organized Crime (PNACO) released Friday. The charges are tied to 12 ongoing
CryptoFrontier5h ago
22-Year-Old Sentenced to 70 Months for $263M Crypto Theft Money Laundering
Evan Tangeman, a 22-year-old California resident, was sentenced on Friday to 70 months in federal prison for his role laundering proceeds from a multi-state cryptocurrency theft ring that stole around $263 million in digital assets from victims, according to a statement from the U.S. Department of
CryptoFrontier11h ago
Republican Sen. Tillis: The criminal investigation into Powell is over; it will no longer block Wash from serving as chair.
Republican Sen. Tom Tillis posted on the X platform on Sunday, announcing that after the U.S. Department of Justice (DOJ) concluded its criminal investigation into Federal Reserve Chair Jerome Powell’s involvement in the Federal Reserve headquarters renovation project, he will no longer block the procedure for confirming Kevin Warsh’s nomination as Federal Reserve chair, and said he is “looking forward” to supporting Warsh’s appointment.
MarketWhisper12h ago
Chainalysis: The EU's 20th round of sanctions covers RUBx, the digital ruble, and Meer exchanges
According to an analysis published by blockchain intelligence firm Chainalysis on April 24, the EU has recently released its 20th round of sanctions against Russia. For the first time, it treats the entire Russian cryptocurrency industry as a whole for sanctions purposes, rather than targeting only individual entities. The scope of this round of sanctions includes the Kyrgyz exchange Meer, the ruble-backed stablecoin RUBx, and Russia’s central bank digital currency (CBDC), “Digital Ruble.”
MarketWhisper12h ago
Research reveals: Polymarket players take home 30% of profits by winning 3% of the positions—more than 70% of players absorb all losses
A new study analyzes Polymarket’s trading records from 2023–2025 and shows that only 3.14% of experienced winners control more than 30% of the profits. Crowd participation alone is not enough to explain overall accuracy; at the same time, it tracks 1,950 highly suspicious insider trading accounts that, while not driving predictions, amplified price volatility. The case shows that large bets were placed and profits were made before the U.S. announced developments regarding Venezuela. The research questions “wisdom of crowds” and emphasizes the need for increasingly strict regulation.
ChainNewsAbmedia14h ago
