In short
- World Liberty Monetary sued Justin Solar, accusing him of shorting WLFI after which defaming the corporate.
- The go well with claims Solar ran a coordinated marketing campaign to drive down the value of the Trump household’s token.
- The submitting follows Solar’s personal latest lawsuit in opposition to World Liberty over the agency’s freezing of his tokens.
The Trump household’s crypto agency, World Liberty Monetary, filed a lawsuit Monday in opposition to Tron founder Justin Solar, accusing the crypto entrepreneur of shorting their token final fall after which defaming the corporate as soon as his holdings of the asset have been frozen.
The go well with comes simply weeks after Solar himself—one of many largest holders of the corporate’s WLFI token—filed a lawsuit in opposition to World Liberty, accusing the corporate of improperly freezing his funding.
Monday’s lawsuit, filed by World Liberty in Florida state court docket, accuses Solar of funding “a big, deliberate, short-selling marketing campaign designed to suppress $WLFI’s value” when the token launched for public buying and selling again in September.
World Liberty claims it then froze Solar’s large token place to “forestall additional hurt” to the corporate and its token holders—a proper the corporate says it all the time had pursuant to Solar’s token unlock settlement.
Shortly thereafter, Solar made public pleas to World Liberty to unfreeze his tokens, arguing he had accomplished nothing improper.
Per immediately’s lawsuit, Solar then started privately threatening litigation in opposition to the Trump household’s crypto agency, allegedly claiming his lawsuit would “mild World Liberty on fireplace” and trigger WLFI’s value to “go to shit.”
Solar in the end did file a lawsuit in opposition to World Liberty final month, claiming he stays an ardent supporter of President Donald Trump, however that the president’s firm violated his rights as an investor by improperly freezing his tokens.
The alleged defamation lawsuit that World Liberty introduced on X immediately is nothing greater than a meritless PR stunt. I stand by my actions and stay up for defeating the case in court docket.
— H.E. Justin Solar 👨🚀 🌞 (@justinsuntron) May 4, 2026
In a string of social media posts round that point, Solar additionally accused World Liberty’s operators of treating “the crypto group as a private ATM” and labeled the corporate’s leaders—amongst them, a number of members of the Trump household—as “unhealthy actors.”
In immediately’s lawsuit, World Liberty argued such statements have been defamatory and “profoundly dangerous” to the corporate. The agency additionally accused Solar of hiring social media influencers and deploying social-media “bot” accounts “to amplify his lies.”
This morning, Solar dismissed the lawsuit as “a meritless PR stunt” in a publish on Xand stated he appears ahead to defeating the accusations in court docket.
Solar has traditionally been one of many largest backers of the Trump household’s sprawling crypto empire. Along with shopping for up tens of hundreds of thousands of {dollars} value of the WLFI token, he additionally bought hundreds of thousands of {dollars} value of the president’s Solana-based same corner (TRUMP) final yr, and claimed to be the asset’s high holder.
Earlier this yr, the Trump SEC moved to settle its yearslong fraud case in opposition to Solar, a choice that reportedly prompted the company’s head of enforcement to shortly thereafter resign.
However Solar’s relationship with the Trumps has frayed in the previous few months. Late final month, when the president hosted a Mar-a-Lago bash for high holders of his meme coin, Solar was notably a no-show.
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