Sun Takes Trump Family's Crypto Firm to Court Over Frozen Holdings

Justin Sun, founder of the Tron cryptocurrency, has taken World Liberty Financial, a digital currency venture co-founded by Donald Trump and his sons, to court. Sun alleges that World Liberty illegally froze his holdings of tokens issued by the company, worth approximately $320 million.

Sun claims that in 2024 he bought $45 million of WLFI tokens, some 3 billion, and was later awarded a further 1 billion tokens after being named as an advisor to World Liberty. He alleges that World Liberty secretly installed tools to prevent the sale of his tokens, which became tradeable in September 2025.

The lawsuit also claims that World Liberty threatened to 'burn' or permanently delete Sun's holdings, even while they were in his digital wallet. Zach Witkoff, World Liberty Financial's chief executive and a co-founder, dismissed the allegations as 'entirely meritless', saying that Sun had engaged in misconduct requiring World Liberty to take action.

This is not the first public dispute between Sun and World Liberty. In September, Sun claimed the company had frozen his token holdings, and earlier this month alleged that World Liberty had secretly embedded a 'backdoor blacklisting function' in the blockchain-based contracts used for the tokens.