MIAMI-DADE COUNTY — World Liberty Financial filed a defamation lawsuit against Justin Sun on Monday in the Eleventh Judicial Circuit Court for Miami-Dade County, Florida. The suit seeks unspecified damages and a public retraction of statements Sun made on social media about the cryptocurrency venture, which was co-founded by President Donald Trump and his sons.

World Liberty Financial, a Florida-based decentralized finance company launched in 2024, alleges that Sun bet against the company's crypto tokens, which trade under the $WLFI ticker, and made straw purchases of $WLFI tokens by using third parties to conceal his identity. The company froze tokens owned by one of Sun's companies, a step it said was taken to protect World Liberty and the broader community of $WLFI holders.

According to the complaint, Sun's counsel threatened litigation designed to light World Liberty on fire, and Sun warned that action against him would cause the $WLFI token price to go to zero and would be bad for the whole industry. When the company refused to capitulate, the lawsuit alleges, Sun launched a public smear campaign, employing online influencers and fake social-media "bot" accounts to amplify his lies.

On April 12, 2026, Sun posted to his 3.9 million X followers that the company had embedded a backdoor blacklisting function in its smart contract, describing it as a trap door marketed as an open door. In that post, the lawsuit alleges, Sun accused the company of treating the crypto community as a personal ATM. Between April 12 and April 15, 2026, Sun published three additional posts, including a thread titled "This Is World Tyranny, Not World Liberty Financial," in which he called a new governance proposal "one of the most absurd governance scams I have ever seen" and described the company's governance structure as "a dictatorship wearing the mask of a DAO." Combined, the posts drew roughly 4 million views.

Sun responded on X on Monday. "A meritless PR stunt," he wrote. "I stand by my actions and look forward to defeating the case in court," he added.

In April, Sun sued World Liberty Financial for fraud, claiming he was illegally blocked from selling digital tokens worth up to $1 billion. His suit, filed April 21, 2026, claims the company tried to pressure him into investing hundreds of millions of dollars more into its USD1 stablecoin, and that when he refused, the company froze his holdings in retaliation.