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Trump family crypto venture sues major backer for defamation

World Liberty Financial accusation against Justin Sun comes after he sues firm over alleged fraud

A crypto venture backed by the Trump family has sued one of its biggest investors for defamation in the latest escalation of a public spat between the two parties. 

World Liberty Financial alleged billionaire Justin Sun caused “substantial and ongoing harm” through a series of posts published on the social media platform X, according to a lawsuit filed in Florida state court on Monday. 

The lawsuit from World Liberty, which was founded by Eric Trump and Donald Trump Jr and the sons of US special envoy Steve Witkoff, comes after Sun sued the firm for fraud last month. Sun has turned from one of the firm’s biggest supporters to a vocal critic in a dramatic break playing out in public and now in the courts.

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