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One platform for global traditional assets
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CryptoWorld News reports that World Free Finance (WLFI) has filed a defamation lawsuit against Sun Yuchen, accusing him of launching a "defamatory smear campaign" by spreading false information on social media through influencers and bots, damaging WLFI's reputation and lowering its token value. WLFI claims that Sun deliberately spread false statements in a series of social media posts, attempting to ruin its reputation. WLFI states that Sun's actions are "coordinated, paid, and intentional," involving influencers and automated accounts to amplify the message. Earlier, Sun Yuchen had filed a lawsuit against WLFI in a California court, claiming that his tokens were frozen, voting rights were stripped, and he was excluded from governance decisions. WLFI confirms that it is pursuing a defamation lawsuit against Sun to hold him accountable for reputational damage and to protect the platform's integrity.