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