Well, folks, WLFI-World Liberty Financial to be proper-has gone plumb to the bottom, as one of its heftiest backers files a suit against a project that wears the American flag on its sleeve and a Trump in its family tree. It’s enough to make a man wonder if the laws of gravity apply to money as well as apples.
WLFI Sinks Amid Justin Sun Lawsuit
According to the ledger at CoinGecko, the token slipped about 3% in the last day and slid to a new all-time low of $0.0761 on Thursday morn. It had been dancing between roughly $0.0887 and $0.1355 since the February correction, but April had other plans and sent it tumbling from that range.
In the past week it’s down about 16.5%, and in the past month some 26%, a tumble fed by a slew of hullabaloos and by a lawsuit brewed by Tron founder Justin Sun-the largest holder in the pot, as the papers assert.
Sun filed his complaint on Tuesday, claimin’ WLFI’s crew froze his tokens with an embedded “backlist” function, yanked away his voting rights, and threatened to burn his holdings, all without a decent explanation, or so he says.
He says he invested $45 million to buy 3 billion WLFI tokens in 2024 and 2025 and was forced to accept one billion tokens for advising the project-and he warns that “World Liberty is on the verge of collapse,” castin’ doubt on whether there’s enough coin to back a USD1 stablecoin.
In the filing, Sun is said to claim his relationship with WLFI’s team soured mid-last year after he declined to shell out more money and support the USD1 stablecoin.
He also asserts that WLFI privately blamed him for a 40% price crash at launch, leadin’ to his address bein’ blacklisted on September 4, 2025.
Eric Trump Takes A Jab At Sun
The Tron founder told X (that’s the internet’s little town square) he’d tried to settle things privately, but “certain individuals on the World Liberty project team have been operating the project in a manner that goes against President Trump’s values,” leavin’ him “no choice but to turn to the courts.”
WLFI’s co-founders-Eric Trump and Zack Witkoff-answered Sun’s suit with a public shrug and a few jabs of their own, suggesting the whole affair is a frog in a pickle barrel.
In a post on X, Eric Trump declared that Sun’s complaint was outweighed by a more ridic-ridiculous thing: “spendin’ $6 million on a banana duct-taped to a wall,” allusion to the Tron founder’s famous banana artwork purchase in late 2024.
Some online watchers noted a chilly turn in their acquaintance. Less than a year ago, Eric praised Sun as “the biggest fan of Tron” and “a great friend and an icon in the crypto space.” The world, it seems, grows smaller every season.
Witkoff, who’s the son of Trump’s envoy in the Middle East, declared Sun’s complaint a “desperate attempt to deflect attention” from the founder’s “misconducts,” insisting the claims are “entirely meritless” and that WLFI looks forward to getting the case tossed out swiftly.
“He engaged in misconduct that required World Liberty to take action to protect itself and its users. World Liberty will continue to take all necessary steps to protect its community,” Witkoff concluded, with all the gravity of a mule at a Sunday picnic.
As of this writing, WLFI has fallen more than 75% since its all-time high of $0.33 on September 1, 2025.
Read More
- All Itzaland Animal Locations in Infinity Nikki
- Persona PSP soundtrack will be available on streaming services from April 18
- Cthulhu: The Cosmic Abyss Chapter 3 Ritual Puzzle Guide
- Raptors vs. Cavaliers Game 2 Results According to NBA 2K26
- Paramount CinemaCon 2026 Live Blog – Movie Announcements Panel for Sonic 4, Street Fighter & More (In Progress)
- Dungeons & Dragons Gets First Official Actual Play Series
- Gold Rate Forecast
- 100 un-octogentillion blocks deep. A crazy Minecraft experiment that reveals the scale of the Void
- DC Studios Is Still Wasting the Bride of Frankenstein (And Clayface Can Change That)
- When Logic Breaks Down: Understanding AI Reasoning Errors
2026-04-24 09:59