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

A dramatic turn of events has unfolded over the past week, with Eric Trump shifting from praising Justin Sun on social media to likening Sun's recent lawsuit to a notorious example of absurdity - a $6 million banana duct-taped to a wall. The lawsuit, filed by Sun in the Northern District of California, accuses World Liberty Financial of wrongfully freezing approximately four billion $WLFI tokens valued at around $1 billion. In response, World Liberty has dismissed the suit as a 'desperate' attempt to divert attention, with co-founder Zach Witkoff accusing Sun of 'misconduct', although specifics of this misconduct have not been detailed. A spokesperson for the company declined to provide further comment, instead directing inquiries to posts made by Witkoff and fellow co-founder Eric Trump on social media. The lawsuit itself may shed more light on the allegations, with Sun claiming that World Liberty made various accusations against him in private, none of which have been substantiated with evidence. These accusations include blame for a 40% price drop of $WLFI on its first day of trading, allegations of short-selling, and claims of violating token purchase agreements. World Liberty has yet to formally respond to the lawsuit in court.