The founder of TRON, Justin Sun, has filed a lawsuit against the cryptocurrency project World Liberty Financial (WLF), which is linked to the family of former U.S. President Donald Trump. The lawsuit arises from the blocking of his WLFI tokens and the threat of their burning.
Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a holder of $WLFI tokens.
I have always been—and remain—an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly.…
— H.E. Justin Sun 👨🚀 🌞 (@justinsuntron) April 22, 2026
The lawsuit was filed in a California federal court. According to Sun, the project’s team deprived him of his rights as an asset holder and his ability to participate in governance without valid reasons.
“I tried to resolve the situation amicably, but the team refused to unfreeze my tokens. I had no choice but to go to court,” the entrepreneur stated.
Previously, Sun criticized WLF for its lack of transparency. He pointed out that 76% of the votes in the project are controlled by just 10 wallets. He was also outraged by a new governance proposal from April 15, which entails a two-year lock-up of assets for early investors and the burning of 10% of advisor tokens. Those who do not accept the new terms face an indefinite freeze of their funds.
The World Liberty Financial team called the allegations unfounded.
Does anyone still believe @justinsuntron ?
Justin’s favorite move is playing the victim while making baseless allegations to cover up his own misconduct.
Same playbook, different target. WLFI isn’t the first.
We have the contracts. We have the evidence. We have the truth.
See…
— WLFI (@worldlibertyfi) April 12, 2026
“We have the evidence and contracts. See you in court,” project representatives responded on X.
Despite the legal battle, Sun emphasized that he continues to support Trump’s policies. In his view, the actions of certain WLF employees “contradict the values of the elected U.S. President.”
Sun is among the largest holders of the meme coin TRUMP. According to CoinCarp, the distribution of this asset is highly centralized, with over 91% of the supply concentrated in 10 addresses.
Back in November 2024, Sun purchased 2 billion WLFI worth $30 million, becoming the project’s largest investor.
In May 2025, Jonathan Lopez filed a lawsuit against WLF’s Head of Data and Strategy, Chase Herro, accusing him of fraud.