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

A dramatic turn of events has unfolded as Eric Trump, co-founder of World Liberty, has gone from praising Justin Sun on social media to likening Sun's lawsuit to the infamous $6 million duct-taped banana. The lawsuit, filed by Sun in the Northern District of California, accuses World Liberty Financial of unlawfully freezing approximately four billion $WLFI tokens valued at around $1 billion. World Liberty has dismissed the suit as a 'desperate' deflection, with co-founder Zach Witkoff accusing Sun of 'misconduct'. However, neither Witkoff nor the company has elaborated on the nature of Sun's alleged misconduct. A spokesperson for the firm declined to comment, instead referring to Witkoff and Trump's posts on social media. The complaint itself sheds more light on the allegations, with Sun claiming that World Liberty has made unsubstantiated accusations against him in private conversations and correspondence. These accusations include blaming Sun for the 40% price crash of $WLFI on its first day of trading, as well as allegations of short-selling and acting as a straw purchaser for other investors. World Liberty has also objected to Sun's $100 million purchase of $TRUMP tokens, despite Sun's claim that the purchase was approved by a Trump family member. The company has yet to file a formal response to Sun's lawsuit.