Crypto entrepreneur Justin Sun says he has filed a lawsuit against World Liberty Financial, claiming the project wrongfully froze his tokens and revoked his governance rights.
Sun detailed the move in a new one post on X
“Today I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a holder of WLFI tokens.”
According to Sun, the conflict is due to the actions of people associated with the project.
“They have wrongly frozen all of my tokens, stripped me of the right to vote on governance proposals, and threatened to permanently destroy my tokens by ‘burning’ them – all without proper justification…
“I tried in good faith to resolve this situation… But the project team rejected my requests… They left me no choice but to turn to the courts.”
Sun says the dispute does not reflect a change in his political stance.
“I have always been and continue to be an ardent supporter of President Trump and his administration’s efforts to make America crypto-friendly. This lawsuit does not change my stance on President Trump or the Trump administration.”
The dispute also extends to a governance proposal published on April 15 that Sun says is harmful to token holders.
He believes the proposal could impose strict lock-up periods and lock tokens indefinitely for those who do not explicitly accept the terms.
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