Hong Kong-based crypto entrepreneur Justin Sun has filed a federal lawsuit against World Liberty Financial, a digital currency venture co-founded by Donald Trump and his sons, alleging the company illegally froze his holdings of WLFI tokens after they became tradeable in September 2025. Sun, founder of the Tron blockchain, claims he purchased $45 million worth of tokens (3 billion) in 2024 and was later awarded an additional 1 billion tokens for serving as an advisor. He alleges the company secretly implemented tools to block his ability to sell the tokens and threatened to 'burn' them — permanently delete them — while they remained in his wallet. Sun’s portfolio is valued at approximately $320 million. World Liberty Financial, which routes 75% of WLFI token sale revenue to the Trump family, has earned over $1 billion from the venture. The company has denied wrongdoing, with CEO Zach Witkoff calling the claims 'entirely meritless' and citing Sun’s alleged misconduct. The White House has not commented. Some sources note broader investor concerns about the company’s transparency and governance, while others highlight Sun’s continued public support for President Trump despite the legal action.

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