World Liberty Monetary (WLFI) has hit new lows as one among its largest traders recordsdata a lawsuit in opposition to the undertaking backed by the US First Household, elevating considerations concerning the undertaking’s stability.
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WLFI Sinks Amid Justin Sun Lawsuit
World Liberty Monetary’s token has fallen round 3% over the previous 24 hours, reaching a brand new all-time low of $0.0761 on Thursday morning, based on CoinGecko information. The cryptocurrency had been buying and selling between $0.0887-$0.1355 because the early February correction, however broke down from this vary initially of April.
Notably, the token has seen 16.5% and 26% corrections within the weekly and month-to-month timeframes, fueled by a number of controversies and the latest authorized motion taken by Tron founder and WLFI’s largest holder, Justin Sun.
Sun filed a grievance in opposition to the Trump-backed undertaking on Tuesday, alleging that WLFI’s crew froze his tokens utilizing an embedded sensible contract backlist operate, stripped him of his voting rights, and threatened to burn his holdings, with out correct justification.
In line with the lawsuit, he invested a complete of $45 million to purchase 3 billion WLFI tokens in 2024 and 2025 and acquired one billion tokens for advising the undertaking. He additionally claimed that “World Liberty is on the verge of collapse,” elevating considerations about whether or not the undertaking has sufficient reserves to again its USD1 stablecoin.
Within the submitting, Sun reportedly says that his relationship with WLFI’s crew soured mid-last yr after he declined to supply extra funding and help to the undertaking, particularly the USD1 stablecoin.
As well as, he claimed that World Liberty Monetary privately blamed him for the WLFI’s 40% value crash on its launch, resulting in his tackle blacklist on September 4, 2025.
Eric Trump Takes A Jab At Sun
The Tron founder affirmed on X that he had tried to resolve the state of affairs privately, however that “certain individuals on the World Liberty project team have been operating the project in a manner that goes against President Trump’s values,” leaving him “no choice but to turn to the courts.”
World Liberty Monetary co-founders Eric Trump and Zack Witkoff publicly responded to Justin Sun’s lawsuit, dismissing his grievance and taking a jab on the Tron founder.
In an X put up, Eric Trump discredited him, arguing that the one factor “more ridiculous than this lawsuit is spending $6 million on a banana duct-taped to a wall,” referencing Sun’s infamous buy of Maurizio Cattelan’s banana paintings in late 2024.
Some on-line customers identified the shift of their relationship, noting Trump’s second son had praised Sun lower than a yr in the past. In June 2025, Eric Trump mentioned he was “the biggest fan of Tron” and “loved” Justin Sun, whom he referred to as a “great friend and an icon in the crypto space.”
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Witkoff, who’s the son of Trump Center East envoy Steve Witkoff, additionally referred to as Sun’s lawsuit a “desperate attempt to deflect attention” from the crypto founder’s “misconducts,” affirming that his claims are “entirely meritless” and that World Liberty Monetary seems ahead to getting the case thrown out quickly.
“He engaged in misconduct that required World Liberty to take action to protect itself and its users. World Liberty will continue to take all necessary steps to protect its community,” Witkoff concluded.
As of this writing, WLFI has fallen greater than 75% since its all-time excessive (ATH) of $0.33 on September 1, 2025.
Featured Picture from Unsplash.com, Chart from TradingView.com
