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Justin Sun sues Trump‑backed World Liberty Financial over frozen tokens

financeApr 23, 2026921

Justin Sun filed a federal lawsuit in U.S. court saying World Liberty Financial froze about $1 billion of his WLFI tokens and threatened to destroy the holdings. The complaint says the freezes breached the token sale agreement and seeks return of the tokens and related relief. World Liberty responded by accusing Justin Sun of "misconduct," and co-founder Eric Trump defended the company, likening Sun’s suit to a prior $6 million dispute. The suit follows a roughly $500 million, 49% stake purchase in World Liberty by an Emirati sheikh months before the UAE secured access to U.S. AI chips, raising new questions about the company’s ownership and regulatory scrutiny.

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