World Liberty Financial claimed Sun engaged in defamatory tactics and prohibited token transfers, including shorting the WLFI token and conducting straw sales on behalf of others.
World Liberty Financial filed a defamation lawsuit against Tron founder Justin Sun in Florida, escalating a legal fight between the Trump family-linked crypto platform and one of its largest investors.
The lawsuit, filed Monday in the Eleventh Judicial Circuit Court for Miami-Dade County, accused Sun of making false public statements about World Liberty and violating WLFI token-sale terms through alleged prohibited transfers, short-selling and straw purchases.
The lawsuit also accused Sun of spreading defamatory statements surrounding the crypto platform, demanding a court-ordered retraction and compensation from the founder. Sun denied the allegations in a Monday post on X, calling the lawsuit a “meritless PR stunt” and saying he looked forward to defeating the case in court.
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