EPISODE · Apr 24, 2026 · 5 MIN
Trump venture 'on the verge of collapse'
from Knewz · host Mystify Entertainment Network
Crypto billionaire Justin Sun and his companies have sued World Liberty Financial, a crypto venture co-founded by President Donald Trump, accusing it of extortion and an "illegal scheme" to seize his tokens. The complaint raises concerns about World Liberty's financial health, again stating the company "is on the verge of collapse" and noting it recently took out a loan using WLFI tokens as collateral, though the company says it has enough capital to avoid default. The lawsuit claims World Liberty used the feature to freeze 595 million of Sun's unlocked WLFI in September 2025, shortly after he moved about $9 million worth of tokens.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
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Trump venture 'on the verge of collapse'
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