Tron Founder Justin Sun is Suing Trump's Crypto Project, Alleging Hidden Trap in the Code Froze His $75 Million

Tron's Founder Takes the Trump Family's Crypto Venture to Federal Court

Justin Sun, the billionaire founder of the Tron blockchain and one of the most polarizing figures in crypto, has filed a federal lawsuit against World Liberty Financial - the DeFi project backed by the Trump family - alleging fraud, breach of contract, and what he describes as a hidden "backdoor" built into the project's smart contracts.

The complaint, filed April 22 in the U.S. District Court for the Northern District of California, accuses WLFI of using that alleged backdoor to freeze approximately 2.9 billion of Sun's unlocked WLFI tokens after he allegedly declined to keep investing - or to mint the project's USD1 stablecoin on WLFI's terms.

The Alleged Setup

Sun says he invested $45 million in WLFI in 2024, drawn in part by the Trump name and what he describes as representations about token rights and governance access. What he got instead, he alleges, wa...