Trump family crypto project World Liberty Financial faces lawsuit over alleged token transfer blocks

Apr 28, 2026, 6:25:38 PM UTC(16 hours ago)
Impact: Medium
Trump family crypto project World Liberty Financial faces lawsuit over alleged token transfer blocks

Affected Assets

  • Crypto mogul Justin Sun filed a 45 million dollar lawsuit against World Liberty Financial in San Francisco federal court alleging the firm blocked his token transfers
  • The lawsuit claims the Trump linked company modified token rules secretly to restrict specific holders without a required community vote
  • World Liberty Financial CEO Zach Witkoff dismissed the claims as meritless and a desperate attempt to deflect from Sun's own conduct
  • The firm has reportedly agreed to not burn or dispose of the disputed tokens until the legal case is decided or settled
  • Critics argue the project presents significant risks due to alleged practices of threatening to destroy assets to pressure investors

Sources

JUST IN: 🇺🇸 Trump family's World Liberty Financial partnered with crypto project linked to alleged scam-ring operators sanctioned by the US, WSJ reports.
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