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Trump family crypto project countersues billionaire backer Sun for smear campaign

This authoritative secondary source from Reuters supports 2 claims across 1 ledger entry.

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Claims supported by this source

  1. allegationalleged

    World Liberty Financial alleged that Sun made defamatory statements, improperly transferred WLFI tokens and shorted the token. Sun rejected the defamation case and had denied shorting in his own lawsuit. These are opposing parties' allegations and denials, not court findings.

    Paragraphs describing WLF's allegations, Sun's response and his denial of shorting

    World Liberty Financial files a defamation suit against Justin Sun · Competing civil suits filed; neither party's allegations are adjudicated by these filings

  2. factreported

    On May 4, 2026, Reuters reported that World Liberty Financial, the venture co-founded by Donald Trump and his sons, had filed a defamation lawsuit against investor Justin Sun in Florida state court. Sun disputed the company's allegations. This followed Sun's April token-rights suit against the venture.

    Opening paragraphs: Florida suit, company allegations, Sun's denial and prior California suit

    World Liberty Financial files a defamation suit against Justin Sun · Competing civil suits filed; neither party's allegations are adjudicated by these filings