Justin Sun files lawsuit against World Liberty Financial alleging frozen tokens and revoked voting rights.
Regulation & Gov ·
Justin Sun filed a lawsuit against World Liberty Financial in California, alleging the project froze his WLFI tokens and removed his voting rights without justification. Sun also claims the team threatened to burn his tokens and denied repeated requests to restore access and participation rights. In his challenge to the project, Sun characterized the governance proposal as a coercive "scam" and argued it operates contrary to President Trump's values.
World Liberty Financial disputed Sun's account, countering that he engaged in misconduct and stating the matter will be resolved through litigation. The dispute centers on token access and voting participation within the project's governance structure, with both parties offering conflicting narratives about the circumstances leading to the frozen holdings.
The case remains unresolved in court. Beyond the immediate dispute between Sun and World Liberty Financial, separate analysis has identified conflicts of interest at World Liberty Financial among broader legislative barriers to crypto bill passage, though the specifics of those conflicts are not detailed in available reporting.