Tron founder Justin Sun sued World Liberty Financial in a California federal court on 21 April, alleging breach of contract, fraud and extortion after the Trump family-backed crypto venture froze his portfolio of 4 billion WLFI tokens, worth roughly $320 million (£252 million) based on the latest token price, as per Reuters.
Sun purchased approximately $45 million (£35 million) worth of WLFI governance tokens, around 3 billion, between November 2024 and January 2025. The project then granted him an additional 1 billion tokens in connection with an advisory role, according to the lawsuit.
