According to The New York Post, Trump family’s crypto project World Liberty Financial (WLFI) counter-sued for defamation after Justin Sun (Sun Yuchen) sued, claiming that he publicly bullish $WLFI while allegedly shorting and violating investment terms (including unauthorized token transfers and investment schemes), and his assets have been frozen. WLFI also accused Sun Yuchen of launching smear campaigns and demanding hundreds of millions of dollars in "hush money," stating that the related actions have caused actual losses. Currently, WLFI is seeking compensation and demanding that he retract his statements. Previously, Sun Yuchen had sued WLFI in California for alleged fraud.

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