Share.

    16 Kommentare

    1. financialtimes on

      Crypto tycoon Justin Sun has sued the Trump family’s World Liberty Financial in the latest escalation of a feud between the firm and one of its biggest backers.

      The lawsuit, filed in a California court late on Tuesday, alleged that WLF targeted Sun in a ‚fraudulent scheme‘ and illegally seized the WLFI tokens he had bought from the company, which were once valued at $1bn.

      WLF counts the US president’s sons Donald Trump Jr and Eric Trump among its founders alongside the sons of US special envoy to the Middle East Steve Witkoff. Eric Trump defended the firm on social media on Wednesday, referring to Sun’s multimillion-dollar purchase of fruit-based conceptual art, which he later ate.

      ‚The only thing more ridiculous than this lawsuit is spending $6mn on a banana duct-taped to a wall,‘ he posted.

      Sun, a billionaire who founded a blockchain company, had been one of the biggest public backers of Trump-related crypto ventures. Soon after Trump’s re-election in 2024, Sun bought $45mn of the WLFI token issued by WLF, in part ‚because of the Trump family’s association with the project‘, according to the suit.

      The value of his tokens surged as it gained popularity, but WLFI has since fallen 75% from its peak.

      [Read more, here](https://www.ft.com/content/d8ba5daa-2af8-4242-b875-e4ebb4d9dbb8?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f).

      Victoria – FT social team

    2. Breaking news: The DOJ has launched an investigation into Justin Sun’s Tether Limited for alleged fraud

    3. Trump’s going to have to go back to the S.C. to secure the power of unpardon.

    4. JeffreyDollarz on

      Oof, biting the hand that pardons.

      Can’t wait to watch this shit show.

    5. Please spend as much money as possible to put those guys out of business and the rest of the entire world will thank you

    Leave A Reply