Justin Sun Sues Trump-Linked World Liberty Financial Over Frozen Tokens
Justin Sun filed a lawsuit this week in U.S. court against World Liberty Financial, a firm tied to former President Donald Trump, over frozen cryptocurrency tokens.
The complaint brands the firm's actions as "misconduct" and says World Liberty froze tokens that Sun says belong to him. Sun is seeking legal remedies to unfreeze the assets and recover losses.
The episode traces back to a disputed custody arrangement in which World Liberty Financial restricted access to certain tokens, touching off questions about who controls digital assets held by intermediaries. The suit turns what might have been a private dispute into a public contest over custody practices.
The lawsuit puts a spotlight on asset control in crypto and could prompt courts to clarify how frozen digital tokens should be handled.
📌 Key Facts
- Justin Sun filed a civil lawsuit Tuesday against Trump-linked World Liberty Financial, alleging an illegal scheme to seize his token holdings.
- Sun claims World Liberty Financial froze more than $1 billion worth of its tokens held by him and his companies, causing hundreds of millions in damages.
- World Liberty Financial co-founder Zach Witkoff publicly called the lawsuit meritless and a desperate attempt to distract from Sun's own alleged misconduct.
- Sun previously invested at least $45 million in World Liberty Financial tokens around Trump’s 2024 election and 2025 inauguration and has been a visible VIP at Trump crypto events.
- The lawsuit comes just before a Mar-a-Lago event for top Trump memecoin holders, as Sun’s closeness to Trump family crypto ventures faces new scrutiny.
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