A federal judge in California ruled that Justin Sun's personal claims against World Liberty Financial will remain in open federal court, rejecting the company's attempt to move the dispute to private arbitration. Sun, founder of Tron and a major investor in World Liberty's WLFI token, alleges the company secretly embedded controls to freeze or destroy tokens, which were later used against his holdings. The ruling ensures transparency for Sun's individual claims, though company-related claims may still go to arbitration. The case highlights ongoing legal battles involving crypto projects linked to Donald Trump and raises questions about investor protections and token governance.
Justin Sun, founder of Tron, has filed a fraud lawsuit against World Liberty Financial (WLFI), accusing it of embedding a hidden backdoor in its governance token that allowed WLFI to freeze nearly $1 billion of his holdings after he refused to invest...
Justin Sun and World Liberty Financial are embroiled in a legal battle over frozen crypto tokens valued up to $1 billion. A recent California court hearing did not deliver a final ruling but suggested that many of Sun's corporate claims should go to ...
Ethena (ENA) surged 27.3% to $0.1211, leading the market gainers as decentralized finance (DeFi) platforms gain traction. The rise highlights growing investor interest in innovative DeFi projects offering synthetic assets. Other notable movers includ...
World Liberty Financial (WLFI), a DeFi protocol linked to the Trump family, claims WorldClaw operates independently despite owning a 38% stake and earning revenue from its stablecoin transactions. WorldClaw, an AI model aggregator, has faced scrutiny...
World Liberty Financial, linked to the Trump family and issuer of the USD1 stablecoin, stated it does not own or control the Hong Kong-based AI platform WorldClaw but declined to disclose any financial relationships. WorldClaw offers access to over 3...
