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857 Billionaire Backer Sues Trump Family's Crypto Firm Over Alleged Extortion

Slashdot
BeauHD @ Slashdot · 04/22/2026 19:00 EDT

Billionaire Backer Sues Trump Family's Crypto Firm Over Alleged Extortion

Ancient Slashdot reader Alain Williams shares a report from the BBC: The Trump family's World Liberty crypto venture is being sued by one of its billionaire backers over allegations of extortion. Justin Sun has accused World Liberty of an "illegal scheme" to seize his WLFI tokens, a cryptocurrency issued by the company. Sun alleges the firm, co-founded by U.S. President Donald Trump and his son Eric Trump, has "frozen" all of his tokens and stripped him of his right to vote on governance issues.

[...] Sun

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