Justin Sun sues World Liberty Financial over frozen WLFI tokens

The Tron founder now wants the court to sanction the Trump-backed project over allegedly undisclosed UAE ownership ties Justin Sun is taking World Liberty Financial to court. The fight is about tokens he says he can’t touch. The Tron founder filed a federal lawsuit against the Trump family-backed crypto project on April 21, 2026. He alleges fraud, breach of contract and the unlawful freezing of his WLFI holdings. Now his lawyers want the judge to punish WLF for allegedly hiding who actually owns it. That second move matters more than it sounds. Sun’s counsel argues WLF failed to disclose its UAE ownership links. According to the filing, that omission could affect the court’s authority over his $45 million lawsuit. A blacklist nobody voted on The core dispute is a feature in WLFI’s smart contract. Sun claims WLF added a “blacklisting” function to the token in 2025. According to Sun, that function let WLF block transfers of his approximately 4 billion WLFI tokens. Sun says this happened without proper notice or a governance vote. The money involved is substantial. Sun invested a total of $45 million for those 4 billion tokens. His holdings were purportedly worth over $1 billion at pe...