WLFI Soars 12% As World Liberty Financial Sues Justin Sun for Defamation
BeInCrypto
World Liberty Financial is suing Justin Sun for defamation, alleging a smear campaign to lower the price of its WLFI token.Summary
World Liberty Financial (WLFI) has filed a defamation lawsuit against Tron founder Justin Sun, accusing him of orchestrating a paid campaign to crash the project's token price. The conflict stems from an earlier decision by the DeFi project to freeze billions of tokens held by Sun’s entities due to alleged contractual breaches. While WLFI’s token price rose 12% following the news, Sun has dismissed the lawsuit as a meritless PR stunt, setting the stage for a complex legal battle involving competing lawsuits in Florida and California.
(Source：BeInCrypto)