Crypto Billionaire Justin Sun Sues Trump-Linked Project World Liberty Financial Over Alleged Extortion

Gate News message, April 22 — Crypto billionaire Justin Sun and his companies filed a lawsuit against World Liberty Financial, a crypto project co-founded by President Donald Trump, on Tuesday, alleging extortion and an “illegal scheme” to seize his tokens. The complaint was filed in San Francisco federal court.

Sun also claimed that “World Liberty is on the verge of collapse” and questioned whether the project holds sufficient reserves to back its USD1 stablecoin.

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