Justin Sun sues Donald Trump's World Liberty Financial over $320 million
Crypto entrepreneur Justin Sun is taking World Liberty Financial, the digital currency company co-founded by Donald Trump and his sons, to court.
Sun says WLFI froze his roughly $320 million in tokens, blocked him from selling, and even threatened to delete his holdings.
The lawsuit was filed in California.
WLFI governance threatens trading until 2030
Back in 2024, Sun put $45 million into WLFI for some 3 billion tokens and was later awarded another 1 billion tokens, though WLFI now disputes that role.
He's also calling out the company for a lack of transparency and a proposed governance measure that keep early investors like him from trading their tokens until 2030.
With WLFI declining to comment on the lawsuit, other investors are now demanding answers about how the company is run.