- World Liberty Financial has announced that a slander lawsuit against Justin Sun for defamation of the project.
- According to an official post on X, an organization connected to Justin Sun transferred a lot of tokens unfairly, which forced them to take action against him and freeze his tokens.
- Justin Sun is said to be running a he organized a campaign against National Independence as he wished drive the value of the token “to shit.”
The conflict between Mr. Trump connected with the World Liberty Financial (WLFI) family and Justin Sun is getting worse every day. On Monday, World Liberty Financial shared a post on X (formerly Twitter), in which the DeFi project revealed that it had offered. slander case Justin Sun, founder of the TRON blockchain.
In the thread, World Liberty Financial criticized Justin Sun for launching a coordinated a campaign against the opposition of World Liberty. Also, he allegedly ignored warnings when the DeFi project tried to confront him with the truth.
What World Liberty Financial Says About Its Lawsuit Against Justin Sun
The charges came to light on May 4 after Justin Sun’s recent lawsuit against the project. WLFI sued Justin Sun, who was one of the largest investors in the project. WLFI claims that Justin Sun has deliberately published false and misleading information about their project to damage its reputation. By doing this, they allegedly want to scare users and investors and gain financial profits.
According to the government, when did the conflict start? Blue Antheman organization associated with Justin Sun, bought a lot of WLFI tokens. “In Nov. 2024, Sun’s subsidiary, Blue Anthem, bought it $WLFI signs. Sun’s subsidiaries later engaged in illegal activities, including transfers $WLFI tokens to Binance,” said the post.
Over time, the organization associated with Justin Sun has transferred some of the signs in ways that violate the agreed upon rules. In response to this issue, the project has decided to suspend the signs to protect the project and the community. The decision was also distributed in signed and public documents. According to the project, this was a painful time when Justin Sun was disappointed.
The work said in the article on X that, “The Sun did not want people to be forgiven by faith. Instead, he started a joint venture to defame people.
Instead of resolving the matter privately, Justin Sun launched a public attack on social media. Using his many followers on X and paying with bots, he called the operation a scam, criticized WLFI for having a private portal that freezes unfairly, and said that the group uses users like an ATM.
WLFI alleges that Sun either knew these statements were false or made them up without regard for the truth, even though he publicly praised the project and said he was involved.
The post said, “Sun’s claims are completely false. The official freezing operation that Sun is complaining about is disclosed in our Terms of Sale and its contracts. The management process is transparent and public-driven. Yet they used their platform to spread lies to more than 4 million followers.”
WLFI is said to have reported that Sun launched the campaign after rejecting the offer. They say he even threatened, through his lawyers, to burn down World Liberty with lawsuits if the project didn’t give up.
In this case, World Liberty Financial is asking the court for damages and restitution, which means correction and apology to Justin Sun. He called their legalization as a last resort to protect the token holders, the community, and society as a whole.
What is Justin Sun Side Story?
In response to the accusation, Justin Sun shared a post on X, calling it a PR stunt. “As an investor, I have a clear conscience and I expect to win in court,” he said.
(From: Justin Sun on X)
Justin Sun said that he invested millions of dollars because he believed that the project followed the rules of international distribution.
According to the Sun, the conflict began when WLFI secretly included dangerous products in intelligence contracts. Said the Sun that they put a backdoor blacklisting application that they did not disclose properly to investors. This allowed the group or anonymous wallets to freeze their tokens without good reason.
According to Justin Sun, this cold was not right, and it was direct. When some of its tokens went on sale, WLFI froze a large portion of its holdings. He also said that he was treated differently from other investors and that the freeze occurred after he refused to pressure them to invest large sums of money, often hundreds of millions, in stablecoins and other assets.
He also criticized World Liberty Financial for using anonymous wallets and a single address that could freeze everyone’s tokens. He said this method is cruel.
“I have tried in good faith to resolve the problem with the World Liberty project team without resorting to litigation. But the project team has rejected my request to translate my symbols and restore my rights as a symbol. They have left me with no choice but to turn to the courts,” he said.
WLFI Rises 10% After All-Time Hit
On May 4, WLFI12.90% the token witnessed a 10% rise on the daily chart following the project’s lawsuit against Justin Sun. This repetition in cryptocurrency helps to raise the circulation $0.06531 and interest in the market capitalization cycle $2.07 billion, according to CoinMarketCap price. This rise in cryptocurrency comes among the growing sentiments of the entire crypto market after that Bitcoin dropped more than $80,000.
The increase in the cryptocurrency comes after WLFI hit an all-time low on May 2, falling below $0.05201 following Justin Sun and the challenges of control from the Democrats. This rise in cryptocurrency may provide temporary relief after a long free fall in cryptocurrency. It will boost investor confidence.
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