Thursday, April 23, 2026

Trump Family Crypto-Currency Firm Being Sued for Extortion

The Trump family's World Liberty Financial crypto venture is being sued by one of its billionaire backers over allegations of extortion. Justin Sun has accused World Liberty of an "illegal scheme" to seize his WLFI tokens, a cryptocurrency issued by the company. Sun alleges the firm, co-founded by US President Donald Trump and his son Eric Trump, has "frozen" all of his tokens and stripped him of his right to vote on governance issues.

Link

Comments

"Oligarch Justin Sun is the founder of a separate nebulous multi-billion dollar crypto project, TRON. He initially invested $45m (33m) in World Liberty and alleged that occasionally his World Liberty Financial tokens have been valued at more than $1bn.

Since Sep 2025, the price of a single WLFI token has plunged from 31 cents to just under 8 cents.

Sun whined that his backing was driven by the Trumpf Crime Family's (TFC) association with the project and his long-standing support for cryptocurrencies."

#1 | Posted by C0RI0LANUS at 2026-04-23 01:05 PM

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