Ten months in the past, Eric Trump was posting on X about how a lot he beloved Justin Solar. This week, he is likening a lawsuit from Solar to the notorious $6 million duct-taped banana.
Solar filed a complaint Monday within the Northern District of California, accusing World Liberty Financial of illegally freezing roughly 4 billion $WLFI tokens price round $1 billion. The Trump-family-backed DeFi enterprise’s casual Tuesday response dismissed the go well with as a “determined” deflection and pledged to maintain defending its customers, with co-founder Zach Witkoff accusing Solar of “misconduct.”
Justin Solar’s current lawsuit towards @worldlibertyfi is a determined try and deflect consideration from Solar’s personal misconduct. His claims are solely meritless, and World Liberty seems to be ahead to getting the case thrown out promptly.
He engaged in misconduct that required World…
— Zach Witkoff (@ZachWitkoff) April 22, 2026
Neither he nor the corporate spelled out Solar’s alleged misconduct. A spokesperson for the agency declined to remark, as an alternative referring CoinDesk to Witkoff and fellow co-founder Eric Trump’s posts on X.
The criticism itself might fill within the blanks. Solar alleged that World Liberty leveled a shifting set of accusations towards him in non-public conversations and correspondence, none of which, he argued, the corporate has backed up with proof.
In line with the submitting, World Liberty has at varied factors blamed Solar for the roughly 40% value crash $WLFI skilled on Sept. 1, 2025, the primary day the token turned tradable.
WLFI additionally claimed Solar drove down the worth by short-selling perpetual futures on a centralized trade, in line with Solar’s criticism, an accusation Solar stated is fake, and that the criticism notes can be tough to pin on him, given his transfers occurred hours after the steepest drop.
World Liberty individually objected to Solar’s $100 million buy of $TRUMP tokens from a distinct Trump-backed venture, in line with the submitting, however Solar stated this purchase bought the blessing of a Trump member of the family who’s a companion in each ventures.
The corporate allegedly additionally accused Solar of performing as a straw purchaser for different buyers in violation of his token buy settlement, executing prohibited transfers to the exchanges HTX and Binance and submitting insufficient know-your-customer documentation, in line with the submitting.
“On September 25, 2025, Mr. Herro repeatedly threatened to report Mr. Solar to U.S. felony authorities over these unspecified KYC points — which Mr. Herro and World Liberty have refused to elucidate in something aside from the broadest phrases regardless of repeated requests from Plaintiffs for extra info,” Tuesday’s submitting stated.
WLFI has but to file a response to Solar’s go well with.
