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Justin Sun sues World Liberty Financial, claims token lock.

4/24/2026

Summary

Story summary

Justin Sun sued World Liberty Financial in a federal court, alleging a mechanism blocked his WLFI tokens.
Sun bought $45 million of WLFI tokens in 2024 and received 1 billion advisor tokens valued at $320 million.
CEO Zach Witkoff called the claims meritless, said the bylaws allocate 75 percent of token-sale revenue to President Donald Trump and his sons, and noted Securities and Exchange Commission (SEC) settled a 2023 lawsuit against Sun for $10 million.

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Story summary

Justin Sun sued World Liberty Financial in a federal court, alleging a mechanism blocked his WLFI tokens.
Sun bought $45 million of WLFI tokens in 2024 and received 1 billion advisor tokens valued at $320 million.
CEO Zach Witkoff called the claims meritless, said the bylaws allocate 75 percent of token-sale revenue to President Donald Trump and his sons, and noted Securities and Exchange Commission (SEC) settled a 2023 lawsuit against Sun for $10 million.