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Billionaire backer sues Trump family’s crypto firm over alleged extortion

Billionaire investor Justin Sun is suing the family’s World Liberty crypto venture after spending $45m on its tokens.

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  • April 22, 2026
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“They wrongfully froze all of my tokens, stripped me of my right to vote on governance proposals, and have threatened to permanently destroy my tokens by ‘burning’ them – all without any proper justification,” he said in a social media post announcing the lawsuit.

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