World Liberty co-founder disputes Justin Sun’s court victory claim
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Zach Witkoff says the California judge suggested arbitration rather than ruling in Sun's favor, setting up a messy he-said-he-said over a billion-dollar crypto dispute.
Key facts
He put roughly $45 million into WLFI tokens after the project launched in 2024
Sun’s token holdings were valued at up to $1 billion at their peak, with his initial $45 million investment ballooning to that figure before the tokens were allegedly frozen
On August 20, a California federal court heard motions related to Sun’s lawsuit against World Liberty Financial, the crypto venture co-founded by Zach Witkoff and Eric Trump
The stakes involve token holdings Sun has valued at up to $1 billion at peak prices
Summary
On August 20, a California federal court heard motions related to Sun’s lawsuit against World Liberty Financial, the crypto venture co-founded by Zach Witkoff and Eric Trump. The stakes involve token holdings Sun has valued at up to $1 billion at peak prices. The dispute traces back to Sun’s role as one of World Liberty Financial’s largest early investors. In early May, WLFI filed a defamation countersuit in Florida, claiming Sun had launched a public smear campaign designed to damage the firm and its investors.