Folkman says World Liberty took ‘very small loan’ to jumpstart Dolomite, calls Justin Sun defamation case ‘cut and dry’
The Block
World Liberty Financial's Zak Folkman defends the protocol's loan practices and dismisses a defamation lawsuit filed by Justin Sun.Summary
World Liberty Financial co-founder Zak Folkman addressed controversies at Consensus 2026, clarifying that the project’s $75 million loan on Dolomite was a small move to stimulate market liquidity. Additionally, Folkman responded to a lawsuit from Tron founder Justin Sun, who alleged improper token freezing and governance exclusion. Folkman characterized Sun’s claims as "blatantly false" and "cut and dry" defamation, noting that World Liberty has retained legal counsel to fight the allegations while attributing the intense media scrutiny to the project's affiliation with Donald Trump.
(Source：The Block)