Trump Family Crypto Project Hit With Lawsuit Over Blocked $276M Investment
Crypto billionaire Justin Sun has escalated a high-stakes legal fight against the Trump family’s digital venture, accusing it of freezing his assets and strong-arming him financially.
According to Reuters and The Wall Street Journal, Sun filed a federal lawsuit against World Liberty Financial, claiming the company locked hundreds of millions of dollars in his tokens and blocked his ability to sell or vote. He alleges the firm used hidden controls to freeze accounts and pressured him to invest more money.
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The company denies wrongdoing and disputes Sun’s claims, including whether he even held an official advisory role. The dispute follows weeks of public tension over token restrictions and investor complaints about transparency.
At the center is control—Sun says a crypto project marketed as decentralized may actually allow insiders to seize or restrict assets. WLFI says it acted over risk concerns.
The case could test how much power crypto founders can legally exert over investor holdings, especially in projects tied to high-profile political figures.
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