Justin Sun, the founder of TRON, has filed a lawsuit against the cryptocurrency project World Liberty Financial (WLF), which is linked to the family of former U.S. President Donald Trump. The lawsuit stems from the blocking of his WLFI tokens and threats to burn them.

Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a holder of $WLFI tokens.

I have always been—and remain—an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly.…

— H.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron) April 22, 2026

The lawsuit has been filed in a federal court in California. According to Sun, the WLF team deprived him of his rights as a token holder and his ability to participate in governance without valid justification.

"I tried to resolve the situation amicably, but the team refused to unfreeze my tokens. I had no choice but to go to court," the entrepreneur stated.

Previously, Sun had criticized WLF for its lack of transparency. He noted that 76% of the voting power in the project is controlled by just 10 wallets. He was also outraged by a new governance proposal from April 15, which suggests a two-year asset lockup for early investors and the burning of 10% of the advisors' tokens. Those who do not accept the new terms face indefinite freezing of their funds.

The World Liberty Financial team has called the allegations unfounded.

Does anyone still believe @justinsuntron?

Justin’s favorite move is playing the victim while making baseless allegations to cover up his own misconduct.

Same playbook, different target. WLFI isn't the first.

We have the contracts. We have the evidence. We have the truth.

See…

— WLFI (@worldlibertyfi) April 12, 2026

"We have evidence and contracts. See you in court," representatives of the project responded on X.

Despite the lawsuit, Sun emphasized that he still supports Trump’s policies. He believes that the actions of certain WLF employees "contradict the values of the elected President of the United States."

Sun is among the largest holders of the meme coin TRUMP. According to CoinCarp, the distribution of this asset is highly centralized, with over 91% of the supply concentrated in 10 addresses.

Source: CoinCarp.

Recall that in November 2024, Sun purchased 2 billion WLFI for $30 million, becoming the largest investor in the project.

In May 2025, Jonathan Lopez filed a lawsuit against WLF's head of data and strategy, Chase Herro, accusing him of fraud.