tech
Trump family's World Liberty Financial sues crypto billionaire Justin Sun for defamation
World Liberty Financial, a cryptocurrency venture co-founded by President Donald Trump and his sons, on Monday sued Justin Sun for defamation, alleging that the crypto billionaire engaged in a "public smear campaign" to attack the business.
TL;DR
- World Liberty Financial, co-founded by Donald Trump and his sons, is suing Justin Sun for defamation.
- The lawsuit alleges Sun engaged in a "public smear campaign" and a "scorched earth pressure campaign" against the company.
- This action follows a previous lawsuit filed by Sun against World Liberty Financial for fraud.
- World Liberty Financial claims Sun made false statements on social media and used online influencers and bots to amplify them.
- Sun dismissed the lawsuit as a "meritless PR stunt" and stated he stands by his actions.