Justin Sun, a prominent crypto billionaire, has initiated legal action against World Liberty Financial, a cryptocurrency project co-founded by US President Donald Trump, alleging extortion and an illegal scheme aimed at seizing his tokens. The complaint, filed in federal court in San Francisco, asserts that World Liberty is on the brink of collapse and questions its capacity to support its USD1 stablecoin. Sun invested $45 million to acquire 3 billion WLFI tokens between 2024 and 2025 and received an additional billion tokens for his advisory role. However, tensions escalated mid-last year when Sun refused to provide further investment, leading to hostile interactions between him and the World Liberty team. He claims that the company has unlawfully frozen his tokens, preventing him from selling them, and has threatened to burn them, which he estimates to be worth $776 million. Sun is seeking to unfreeze his tokens, monetary damages, and a court order to prevent World Liberty from further encumbering his assets. The lawsuit raises significant concerns about the financial viability of World Liberty, especially as it recently secured a loan using WLFI tokens as collateral.