WLFI Sues Justin Sun Over Defamation Claims in Growing Crypto Dispute

World Liberty Financial (WLFI) has escalated its dispute with crypto billionaire Justin Sun by filing a defamation countersuit. This move comes after Sun accused the project's operators of fraud and hidden control over investor assets in his initial lawsuit.

The WLFI project, which has ties to former US President Donald Trump, claims that Sun ran a pressure campaign on social media after the project froze his tokens worth hundreds of millions. The company alleges that Sun's posts damaged its reputation and spread false claims across the crypto market.

The countersuit targets statements made by Sun accusing WLFI of unfair freezes and backdoor controls, which WLFI argues were misrepresented in its token terms. WLFI also accuses Sun-linked parties of violating contractual limits tied to token transfers and trading.