World Liberty Financial sues Justin Sun over alleged smear campaign
Updated
Updated · Fox News · May 6
World Liberty Financial sues Justin Sun over alleged smear campaign
13 articles · Updated · Fox News · May 6
The Trump- and Witkoff-linked crypto group says Sun, a $30 million investor in 2024, shorted its token, then attacked it online after his holdings were frozen.
The lawsuit alleges he threatened criticism unless assets were unlocked, spread false claims to millions of followers and used bot accounts to amplify posts that drew more than two million views.
Sun, founder of Tron, previously settled SEC allegations for $10 million this year without admitting wrongdoing, while Trump family members and Zach Witkoff publicly backed World Liberty's case.
Is Justin Sun a market manipulator or a whistleblower exposing a project's hidden backdoor?
With lawsuits and a federal probe, is this celebrity-backed crypto project on the verge of collapse?
When a crypto firm freezes a billionaire's funds, who truly controls your digital assets?