
Trump Jr. Denies World Liberty Exit Amid Sun Lawsuit
World Liberty Financial is battling Justin Sun in court over allegations that the Tron founder secretly shorted the company's native WLFI token, while the firm awaits federal banking approval.
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World Liberty Financial is battling Justin Sun in court over allegations that the Tron founder secretly shorted the company's native WLFI token, while the firm awaits federal banking approval.

World Liberty Financial attorney Tom Clare said Sun chose to defame the platform repeatedly and publicly to millions of followers rather than acting in good faith. The lawsuit filed Monday in Miami-Dade County describes the legal action as a last resort to protect tokenholders and employees.

A wallet tied to alleged hacker Andean Medjedovic sent ₱828.69 million ($13.5 million) in Ether to Tornado Cash on Wednesday, breaking a year of silence. The Canadian national faces US charges for stealing ₱3.99 billion ($65 million) across two DeFi protocol hacks and is now pursuing a presidential pardon strategy.

Circle faces a class action lawsuit from over 100 Drift Protocol investors who claim the stablecoin issuer let ₱13.81 billion ($230 million) in stolen USDC transfer from Solana to Ethereum without intervention. The lawsuit accuses Circle of negligence and aiding the conversion of funds suspected stolen by North Korean state-backed hackers.

CFTC Chair Michael Selig is pursuing a lighter regulatory approach to prediction markets after reversing two years of restrictions within weeks of taking office in December 2025.