The Trump family's crypto firm, World Liberty Financial, has filed a lawsuit against Tron founder Justin Sun, accusing him of shorting their token, WLFI, and defaming the company. The lawsuit alleges that Sun funded a "large, deliberate, short-selling campaign" to suppress the company's price when the token launched for public trading. World Liberty claims it then froze Sun's massive token position to prevent further harm. Sun, who is one of the largest holders of the company’s WLIF, has argued that World Liberty violated his rights as an investor by improperly freezing his tokens. The Trump SEC moved to settle its yearslong fraud case against Sun, which reportedly led to the resignation of its head of enforcement.