World Liberty Financial (WLFI) has hit new lows as one of its largest investors files a lawsuit against the project backed by the US First Family, raising concerns about the project\u2019s stability.<\/p>\n
World Liberty Financial\u2019s token has fallen around 3% over the past 24 hours, reaching a new all-time low of $0.0761 on Thursday morning, according to CoinGecko data<\/a>. The cryptocurrency had been trading between $0.0887-$0.1355 since the early February correction, but broke down from this range at the start of April.<\/p>\n Notably, the token has seen 16.5% and 26% corrections in the weekly and monthly timeframes, fueled by multiple controversies<\/a> and the recent legal action taken by Tron founder and WLFI\u2019s largest holder, Justin Sun.<\/p>\n Sun filed a complaint against the Trump-backed project on Tuesday, alleging that WLFI\u2019s team froze his tokens using an embedded smart contract backlist function, stripped him of his voting rights, and threatened to burn his holdings, without proper justification.<\/p>\n According to the lawsuit, he invested a total of $45 million to buy 3 billion WLFI tokens in 2024 and 2025 and received one billion tokens for advising the project. He also claimed that \u201cWorld Liberty is on the verge of collapse,\u201d raising concerns about whether the project has enough reserves to back its USD1 stablecoin.<\/p>\n In the filing, Sun reportedly<\/a> says that his relationship with WLFI\u2019s team soured mid-last year after he declined to provide more investment and support to the project, specifically the USD1 stablecoin.<\/p>\n In addition, he claimed that World Liberty Financial privately blamed him for the WLFI\u2019s 40% price crash on its launch, leading to his address blacklist<\/a> on September 4, 2025.<\/p>\n The Tron founder affirmed<\/a> on X that he had tried to resolve the situation privately, but that \u201ccertain individuals on the World Liberty project team have been operating the project in a manner that goes against President Trump\u2019s values,\u201d leaving him \u201cno choice but to turn to the courts.\u201d<\/p>\n World Liberty Financial co-founders Eric Trump and Zack Witkoff publicly responded to Justin Sun\u2019s lawsuit, dismissing his complaint and taking a jab at the Tron founder.<\/p>\n In an X post, Eric Trump discredited<\/a> him, arguing that the only thing \u201cmore ridiculous than this lawsuit is spending $6 million on a banana duct-taped to a wall,\u201d referencing Sun\u2019s notorious purchase of Maurizio Cattelan\u2019s banana artwork in late 2024.<\/p>\n Some online users pointed out the shift in their relationship, noting Trump\u2019s second son had praised Sun less than a year ago. In June 2025, Eric Trump said<\/a> he was \u201cthe biggest fan of Tron\u201d and \u201cloved\u201d Justin Sun, whom he called a \u201cgreat friend and an icon in the crypto space.\u201d<\/p>\nEric Trump Takes A Jab At Sun<\/h2>\n