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Tron's Justin Sun sues Trump-linked World Liberty Financial over frozen assets

CoinDesk
Justin Sun has sued World Liberty Financial, alleging the project unfairly froze his $45 million in tokens and engaged in fraudulent behavior.

Summary

Tron founder Justin Sun has filed a lawsuit against World Liberty Financial, a crypto project associated with the family of President Donald Trump. Sun alleges that the firm engaged in an illegal scheme to seize his $45 million investment in $WLFI tokens after he declined to mint their USD1 stablecoin. The complaint asserts that the company made fraudulent misrepresentations regarding token rights and unilaterally modified smart contracts to enable the freezing of his assets without investor approval. Furthermore, Sun claims that World Liberty leadership threatened him and defamed his business reputation.

(Source:CoinDesk)