World Liberty Financial, a cryptocurrency venture co-founded by members of the Trump family, has filed a defamation lawsuit against prominent crypto entrepreneur Justin Sun. The company accuses Sun of conducting a public smear campaign with false claims, escalating a dispute between the project and one of its key backers.

World Liberty ⁠Financial, the crypto venture co-founded ⁠by US President Donald Trump and his sons, said on Monday it had filed a defamation lawsuit against Hong Kong-based crypto entrepreneur Justin Sun, in the latest escalation of a dispute ‌between the project and one of its most prominent backers. World Liberty posted a copy of its lawsuit on X in which it accused Sun of launching a “public smear campaign” including claims that it said were false. The crypto project – one of several...