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Justin Sun, founder of TRON, has filed a lawsuit in a California federal court against World Liberty Financial, a decentralized finance (DeFi) project supported by President Donald Trump’s sons, Eric Trump and Donald Trump Jr.
In a Wednesday statement, Sun said his WLFI tokens were wrongfully frozen and that his governance rights were removed without a valid reason. He argued that World Liberty’s actions violated principles of fairness and transparency.
Sun said, “Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a holder of WLFI tokens.” He added that he attempted to resolve the dispute without litigation but was denied relief.
He also criticized a recent governance proposal that he said could lock tokens indefinitely for holders who do not accept it. Sun noted that he was unable to vote because of the restrictions imposed on his tokens.
Sun emphasized that he remains a supporter of President Trump and the administration’s efforts to make the United States more crypto-friendly. He clarified that the dispute is with the project team rather than political leadership.
This is a developing story.
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