World Liberty Financial

Cryptocurrency platform

World Liberty Financial (WLFI) is a decentralized finance protocol developed by its namesake company. It was founded in 2024 by Zachary Folkman, Chase Herro, Alex Witkoff, Zach Witkoff, and Trump family members. It is a business venture of the Trump family. The Trump family receives 75% of net proceeds when WLFI sells tokens, as well as gets a cut of stablecoin profits. By December 2025, the Trumps had profited $1 billion on proceeds, while holding $3 billion worth of unsold tokens.

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World Liberty Finance

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Billionaire Justin Sun Sues Trump Firm

Crypto mogul Justin Sun sues a Trump-backed crypto firm, alleging fraud and $1 billion in frozen assets.

Billionaire Justin Sun sues Trump-linked crypto project alleging extortion The Straits Times — Apr 23, 02:41 AM
Blockchain billionaire Sun takes Trump family’s crypto firm to court The Japan Times — Apr 23, 01:12 AM
The 35-year-old billionaire suing Trump company over alleged extortion Sydney Morning Herald — Apr 22, 22:09 PM
Billionaire Justin Sun sues Trump family's crypto business UPI — Apr 22, 19:50 PM
Crypto billionaire Justin Sun sues Trump family’s World Liberty Financial Financial Times — Apr 22, 18:13 PM
Billionaire sues digital currency venture co-founded by Trump and sons for illegal account freezing The Guardian — Apr 22, 15:58 PM
Blockchain billionaire takes Trump family’s crypto firm to court ABC News — Apr 22, 21:55 PM
Crypto Billionaire sues Trump-backed Crypto Firm Over Alleged Extortion The Information — Apr 22, 18:42 PM
Crypto mogul sues Trump family's World Liberty Financial, alleging fraud CBS News — Apr 22, 18:03 PM
Trump family's crypto firm sued over alleged 'extortion' BBC News — Apr 22, 15:57 PM
Billionaire Justin Sun sues Trump family crypto venture South China Morning Post — Apr 22, 23:08 PM
Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud The New York Times — Apr 22, 15:49 PM
Blockchain billionaire Sun takes Trump family’s crypto firm to court Al Jazeera — Apr 22, 15:17 PM
Billionaire Investor Sues Trump Family’s Crypto Project for ‘Extortion’ Daily Beast — Apr 22, 15:05 PM
Billionaire investor sues Trump crypto project The Hill — Apr 22, 14:50 PM
Crypto Billionaire Accuses Trump Family’s World Liberty of ‘Criminal Extortion’ Wall Street Journal — Apr 22, 13:52 PM
Billionaire investor files fraud lawsuit against Trump crypto venture and claims it’s on ‘verge of collapse’ The Independent — Apr 22, 08:54 AM
Tron founder Justin Sun sues Trump-linked WLFI over token rights Seeking Alpha — Apr 22, 05:28 AM