World Liberty Hits Back at Justin Sun's Defamation Claims, Alleging 'Misconduct'

In a dramatic turn of events, Eric Trump has gone from praising Justin Sun on social media to comparing a lawsuit filed by Sun to a notorious $6 million banana artwork. The lawsuit, filed in the Northern District of California, accuses World Liberty Financial of improperly freezing around four billion $WLFI tokens valued at approximately $1 billion. World Liberty's response labels the suit as a 'desperate' attempt to divert attention from Sun's alleged wrongdoing, with co-founder Zach Witkoff accusing Sun of 'misconduct'. However, neither Witkoff nor the company has elaborated on the nature of this misconduct. A spokesperson for the firm has declined to comment further, instead directing inquiries to Witkoff and fellow co-founder Eric Trump's social media posts. The complaint filed by Sun alleges that World Liberty made various accusations against him in private, but failed to provide evidence to support these claims. According to the filing, World Liberty blamed Sun for the 40% price drop of $WLFI on its first day of trading, and also accused him of short-selling and violating his token purchase agreement. Sun has denied these allegations, and World Liberty has yet to formally respond to the lawsuit.