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

A dramatic turn of events has unfolded as Eric Trump, co-founder of World Liberty, has shifted from praising Justin Sun on social media just ten months ago to now likening Sun's lawsuit to the infamous duct-taped banana art piece valued at $6 million. The lawsuit, filed by Sun in the Northern District of California, accuses World Liberty Financial of wrongfully freezing approximately four billion $WLFI tokens, worth around $1 billion. In response, World Liberty has dismissed the suit as a 'desperate' attempt to deflect attention from Sun's alleged 'misconduct', with co-founder Zach Witkoff pledging to continue protecting the company's users. The specifics of Sun's misconduct have not been detailed by the company or its representatives, who have instead referred to statements made by Witkoff and Eric Trump on social media. Sun's complaint outlines a series of allegations against him by World Liberty, including claims of causing a 40% price drop in $WLFI, short-selling perpetual futures, and violating his token purchase agreement. World Liberty has yet to formally respond to the lawsuit, but the company remains committed to defending its actions and users.