Crypto billionaire Justin Sun filed a lawsuit in federal court accusing a Trump family-backed platform of fraud. He alleges that the company blocked him from withdrawing assets after investing US$45 million in the electronic currency.

Entrepreneur Justin Sun filed a lawsuit on Wednesday accusing a Trump family-backed cryptocurrency platform of fraud and alleging he was blocked from withdrawing his assets. In a San Francisco federal court filing reviewed by Agence France-Presse, the Chinese-born crypto billionaire and former Trump ally claims to have bought US$45 million worth of WLFI, an electronic currency launched by World Liberty Financial in October 2024. To thank him for the investment – at a time when WLFI was...