Trump-affiliated World Liberty sues Justin Sun for 'defamation' after Tron creator's lawsuit
World Liberty Financial, Trump's crypto venture, sued Tron creator Justin Sun for defamation in Florida court, alleging short-selling and token manipulation. Sun previously sued World Liberty over frozen WLFI tokens. World Liberty claims Sun hired influencers spreading false information about the freeze, causing business losses. The dispute centers on $300 million in alleged coordinated selling during WLFI's launch.
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Bitmine, Ethereum's largest treasury firm, bought $238 million worth of ether, bringing holdings to 5.18 million ETH. Chairman Tom Lee declared "crypto spring" has started, citing progress on U.S. digital asset regulation through the CLARITY Act. The firm stakes over 4.36 million ETH, generating $297 million annually. Lee sees tokenization and AI adoption driving long-term ETH demand.
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