Trump family sues Justin Sun

World Liberty Financial, the crypto project backed by the Trump family, has launched a defamation lawsuit against billionaire entrepreneur Justin Sun.

The suit alleges that Sun engaged in a 'smear campaign' intended to damage the venture's reputation following a dispute over token ownership.

Sun had previously sued the company, claiming it illegally froze tokens he had purchased during an early investment round.

This legal escalation highlights the increasing volatility and internal conflict within the high-profile cryptocurrency project as it seeks to establish itself in the digital asset market.