Andrew Tate, founder of the Real World, reportedly lost nearly $100,000 in Bitcoin trading between Wednesday and Thursday, with his wallet balance dropping to $14,000 from $100,000. His total losses on Hyperliquid exceed $804,000.
World Liberty Financial (WLFI) has filed a defamation lawsuit against crypto billionaire Justin Sun, escalating a dispute over frozen WLFI tokens. WLFI accuses Sun of making false statements on X after they restricted his tokens, while Sun claims the company is trying to distract from its own actions.
Suit alleges that Hong Kong-based Justin Sun engaged in a campaign to ‘torch’ the company’s reputationSign up for the Breaking News US newsletter email World Liberty Financial, the crypto venture co-founded by Donald Trump and his sons, said on Monday it had filed a defamation lawsuit in Florida state court against the Hong Kong-based crypto entrepreneur Justin Sun, as a dispute escalates between the project and one of its most prominent backers.World Liberty posted a copy of its lawsuit on X in which it accused Sun of launching a “public smear campaign”. It alleged that Sun had improperly transferred some of his WLFI tokens that come with voting and governance rights to crypto exchange Binance and, separately, that he had placed bets that WLFI would decline in market value, known as short selling. That was part of a coordinated effort to push the token’s market price down as public trading began in September, the lawsuit alleged. Continue reading...
World Liberty Financial claimed Sun engaged in defamatory tactics and prohibited token transfers, including shorting the WLFI token and conducting straw sales on behalf of others.
World Liberty Financial (WLFI) opened a legal counteroffensive against Justin Sun, accusing one of crypto’s most prominent billionaires of defamation after he sued the Trump-linked venture over frozen WLFI tokens that he says were once worth more than $1 billion. The lawsuit, filed in Florida state court, escalates a dispute that has turned Sun from […] The post Trump’s World Liberty Finance (WLFI) sues Tron’s Justin Sun – Everything we know so far appeared first on CryptoSlate.
The defamation suit comes days after Justin Sun filed his own lawsuit against the Trump family’s crypto firm, claiming rampant misconduct.
The WLFI token fell nearly 14% as a governance vote began on a proposal to lock 62 billion tokens held by insiders and early investors for up to five years. The plan has faced significant backlash from community members and industry figures.
Bitcoin 79.000$'ı aştıktan sonra petrol endişeleriyle 77.300$'a geriledi. Justin Sun, WLFI'ye token dondurma nedeniyle dava açtı; ABD hükümeti Bitcoin node'u çalıştırdığını açıkladı; Andre Cronje DeFi'ye devre kesici getirdi.
Entrepreneur Justin Sun filed a lawsuit on Wednesday accusing a Trump family-backed cryptocurrency platform of fraud and alleging he was blocked from withdrawing his assets. In a San Francisco federal court filing reviewed by Agence France-Presse, the Chinese-born crypto billionaire and former Trump ally claims to have bought US$45 million worth of WLFI, an electronic currency launched by World Liberty Financial in October 2024. To thank him for the investment – at a time when WLFI was...
An investment in President Trump's meme coin allegedly upset members of World Liberty Financial’s team, the lawsuit claims.
Justin Sun, fondateur de Tron et investisseur majeur de World Liberty Financial, a déposé une plainte devant un tribunal fédéral de Californie contre la direction du protocole soutenu par la famille Trump. L'investisseur dénonce le gel de ses actifs et des menaces de destruction de ses jetons WLFI, ainsi que l'impossibilité d'exercer ses droits de vote sur les propositions de gouvernance. Le conflit porte principalement sur une proposition du 15 avril introduisant des conditions de détention plus strictes et la destruction de 10% des jetons des conseillers.
Tron founder Justin Sun has filed a lawsuit in California federal court against World Liberty Financial, the Trump-family-backed crypto project, alleging it froze his tokens and threatened to burn them without proper justification. Sun, the largest individual investor in World Liberty, claims the project refused his requests to unfreeze tokens and restore his rights as a token holder. The dispute centers on lengthy lockup periods for WLFI's governance token and allegations of lack of transparency in governance proposals.
Donald Trump'ın Ağustos 2024'te duyurduğu World Liberty Financial projesi, 100 milyarlık toplam arzın 62 milyar token'ının kilidinin açılması için teklif sundu. Önceden işlemlere açılmayacağı belirtilen token'lar, daha sonra borsalarda listelendi. Şimdi erken dönem yatırımcıların kilitli token'ları kademeli olarak serbest kalacak - 17 milyar token ilk 2 yıl kilitli kalıp sonraki 2 yılda açılacak, 45,2 milyardan 4,5 milyar yakılıp kalan 40,7 milyar 2 yıl sonra 3 yılda serbest kalacak.
