Eric Trump Calls Justin Sun’s Lawsuit ‘Ridiculous’ As WLFI Hits New All-Time Low

World Liberty Financial (WLFI) has hit new lows as one in all its largest traders recordsdata a lawsuit in opposition to the undertaking backed by the US First Family, elevating issues in regards to the undertaking’s stability.

WLFI Sinks Amid Justin Sun Lawsuit

World Liberty Financial’s token has fallen round 3% over the previous 24 hours, reaching a brand new all-time low of $0.0761 on Thursday morning, in keeping with CoinGecko data. The cryptocurrency had been buying and selling between $0.0887-$0.1355 because the early February correction, however broke down from this vary in the beginning of April.

Notably, the token has seen 16.5% and 26% corrections within the weekly and month-to-month timeframes, fueled by a number of controversies and the latest authorized motion taken by Tron founder and WLFI’s largest holder, Justin Sun.

Sun filed a grievance in opposition to the Trump-backed undertaking on Tuesday, alleging that WLFI’s crew froze his tokens utilizing an embedded good contract backlist operate, stripped him of his voting rights, and threatened to burn his holdings, with out correct justification.

According to the lawsuit, he invested a complete of $45 million to purchase 3 billion WLFI tokens in 2024 and 2025 and obtained one billion tokens for advising the undertaking. He additionally claimed that “World Liberty is on the snapping point,” elevating issues about whether or not the undertaking has sufficient reserves to again its USD1 stablecoin.

In the submitting, Sun reportedly says that his relationship with WLFI’s crew soured mid-last 12 months after he declined to supply extra funding and assist to the undertaking, particularly the USD1 stablecoin.

In addition, he claimed that World Liberty Financial privately blamed him for the WLFI’s 40% worth crash on its launch, resulting in his tackle blacklist on September 4, 2025.

Eric Trump Takes A Jab At Sun

The Tron founder affirmed on X that he had tried to resolve the state of affairs privately, however that “sure people on the World Liberty undertaking crew have been working the undertaking in a fashion that goes in opposition to President Trump’s values,” leaving him “no alternative however to show to the courts.”

World Liberty Financial co-founders Eric Trump and Zack Witkoff publicly responded to Justin Sun’s lawsuit, dismissing his grievance and taking a jab on the Tron founder.

In an X submit, Eric Trump discredited him, arguing that the one factor “extra ridiculous than this lawsuit is spending $6 million on a banana duct-taped to a wall,” referencing Sun’s infamous buy of Maurizio Cattelan’s banana art work in late 2024.

Some on-line customers identified the shift of their relationship, noting Trump’s second son had praised Sun lower than a 12 months in the past. In June 2025, Eric Trump said he was “the most important fan of Tron” and “liked” Justin Sun, whom he referred to as a “nice good friend and an icon within the crypto area.”

Witkoff, who’s the son of Trump Middle East envoy Steve Witkoff, additionally referred to as Sun’s lawsuit a “determined try and deflect consideration” from the crypto founder’s “misconducts,” affirming that his claims are “fully meritless” and that World Liberty Financial seems to be ahead to getting the case thrown out quickly.

“He engaged in misconduct that required World Liberty to take motion to guard itself and its customers. World Liberty will proceed to take all mandatory steps to guard its group,” Witkoff concluded.

As of this writing, WLFI has fallen greater than 75% since its all-time high (ATH) of $0.33 on September 1, 2025.