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World Liberty Financial (WLFI) co-founder Eric Trump defended the company on Wednesday against a lawsuit filed by Tron (CRYPTO: TRX) founder Justin Sun.
Trump said in an X post that the lawsuit was “more ridiculous” than spending $6 million on a duct-taped banana artwork, referencing Sun’s high-profile purchase in 2024.
Trump added: “We are incredibly proud of the World Liberty Financial team.”
Trump previously described himself as a major fan of the Tron ecosystem and praised Sun as a “great friend.” The article also notes that Trump was pictured smiling alongside Sun while holding the duct-taped banana that Trump later dismissed as ridiculous.
Fellow WLFI co-founder Zach Witkoff earlier characterized Sun’s lawsuit as an attempt to divert attention from alleged misconduct.
Witkoff said: “He engaged in misconduct that required World Liberty to take action to protect itself and its users. His claims are entirely meritless, and World Liberty looks forward to getting the case thrown out promptly.”
The dispute marks another escalation between Sun and the Trump family-backed cryptocurrency platform.
According to the article, Sun’s wallet was blacklisted last year after a transfer of WLFI worth more than $9 million to an unknown address.
Price action: At the time of writing, WLFI was trading at $0.07712, down 3.15% over the prior 24 hours, based on Benzinga Pro data.
The article states that Sun did not immediately return Benzinga’s request for comment.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Benzinga does not provide investment advice.
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