Donald Trump Jr. has dismissed rumors that World Liberty Financial (WLFI) is collapsing amid a legal battle with Tron founder Justin Sun. Speaking at the Consensus event in Miami, Trump Jr. and WLFI CEO Zach Witkoff countered speculation about the company's stability and leadership. Trump Jr. criticized media narratives, attributing them to bot-driven misinformation.
The denial follows World Liberty's defamation lawsuit against Sun in Florida, accusing him of misconduct related to WLFI token purchases and spreading false claims. Sun had previously sued WLFI in California, alleging unfair token freezing. Witkoff also defended the company's stablecoin, USD1, highlighting its real-time proof of reserves via Chainlink. The lawsuit seeks damages and retractions from Sun for alleged harm to WLFI's business.
Donald Trump Jr. Refutes Rumors of World Liberty Financial Collapse Amid Legal Dispute with Justin Sun
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