1 hour ago
Co-founder Eric Trump went further, saying the lone happening much 'ridiculous' than Sun's suit is simply a $6 cardinal banana duct-taped to a wall.
Apr 23, 2026, 3:47 a.m.
Ten months ago, Eric Trump was posting connected X astir however overmuch helium loved Justin Sun. This week, he's likening a suit from Sun to the infamous $6 cardinal duct-taped banana.
Sun filed a ailment Monday successful the Northern District of California, accusing World Liberty Financial of illegally freezing astir 4 cardinal $WLFI tokens worthy astir $1 billion. The Trump-family-backed DeFi venture's informal Tuesday effect dismissed the suit arsenic a "desperate" deflection and pledged to support protecting its users, with co-founder Zach Witkoff accusing Sun of "misconduct."
Justin Sun’s caller suit against @worldlibertyfi is simply a hopeless effort to deflect attraction from Sun’s ain misconduct. His claims are wholly meritless, and World Liberty looks guardant to getting the lawsuit thrown retired promptly.
He engaged successful misconduct that required World…
Neither helium nor the institution spelled retired Sun's alleged misconduct. A spokesperson for the steadfast declined to comment, alternatively referring CoinDesk to Witkoff and chap co-founder Eric Trump's posts connected X.
The ailment itself whitethorn capable successful the blanks. Sun alleged that World Liberty leveled a shifting acceptable of accusations against him successful backstage conversations and correspondence, nary of which, helium argued, the institution has backed up with evidence.
According to the filing, World Liberty has astatine assorted points blamed Sun for the astir 40% terms clang $WLFI experienced connected Sept. 1, 2025, the archetypal time the token became tradable.
WLFI besides claimed Sun drove down the terms by short-selling perpetual futures connected a centralized exchange, according to Sun's complaint, an accusation Sun said is false, and that the ailment notes would beryllium hard to pin connected him, fixed his transfers happened hours aft the steepest drop.
World Liberty separately objected to Sun's $100 cardinal acquisition of $TRUMP tokens from a antithetic Trump-backed project, according to the filing, but Sun said this bargain got the blessing of a Trump household subordinate who is simply a spouse successful some ventures.
The institution allegedly besides accused Sun of acting arsenic a straw purchaser for different investors successful usurpation of his token acquisition agreement, executing prohibited transfers to the exchanges HTX and Binance and submitting inadequate know-your-customer documentation, according to the filing.
"On September 25, 2025, Mr. Herro repeatedly threatened to study Mr. Sun to U.S. transgression authorities implicit these unspecified KYC issues — which Mr. Herro and World Liberty person refused to explicate successful thing different than the broadest presumption contempt repeated requests from Plaintiffs for further information," Tuesday's filing said.
WLFI has yet to record a effect to Sun's suit.
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