World Liberty accuses Justin Sun of 'misconduct' in response to Tron founder's defamation claims

World Liberty Financial has responded to a lawsuit filed by Tron founder Justin Sun, accusing him of "misconduct" and calling his claims a "desperate" attempt to deflect attention. Sun's lawsuit, filed in the Northern District of California, alleges that World Liberty Financial illegally froze approximately four billion $WLFI tokens, valued at around $1 billion. World Liberty Financial, a DeFi venture backed by the Trump family, denies these allegations. Co-founder Zach Witkoff stated that Sun's lawsuit is meritless and that the company will continue to protect its users. While the exact nature of Sun's alleged misconduct was not detailed by World Liberty Financial, the lawsuit itself suggests that World Liberty Financial has made various accusations against Sun, including blaming him for a price crash of the $WLFI token and accusing him of short-selling. The company also reportedly objected to Sun's purchase of $TRUMP tokens and accused him of acting as a straw purchaser and violating his token purchase agreement. World Liberty Financial has also threatened to report Sun to U.S. criminal authorities over unspecified KYC issues.

(Source：CoinDesk)