Justin Sun sues Trump-backed World Liberty Financial, alleges extortion
financeApr 22, 20261779
On April 21, 2026 Tron founder Justin Sun filed a 52-page federal lawsuit in California accusing World Liberty Financial, a crypto venture co-founded by President Donald Trump and his sons, of extortion and fraud. Sun says WLFI froze 2.94 billion WLFI tokens he purchased, blocked him from selling after the tokens became tradeable in September 2025, and cost him about $276 million while stripping his voting rights. The complaint alleges WLFI secretly installed sale-blocking tools, threatened to destroy his holdings and report him to U.S. authorities, and asks the court to unfreeze the tokens and award damages.
Key Highlights
Sun filed a 52-page lawsuit in California federal court on April 21, 2026.
WLFI froze 2.94 billion WLFI tokens Sun bought, costing him about $276 million.
Complaint alleges WLFI installed sale-blocking tools and threatened to destroy his holdings.