Donald trump jr denies rumors world liberty financial is unraveling

Donald Trump Jr. and Zach Witkoff rejected online rumors that the Trump-linked crypto platform World Liberty Financial is collapsing. The denials came Thursday at Consensus in Miami Beach amid a legal fight with Tron founder Justin Sun. Executives defended the firm's leadership and stablecoin reserves.

Speaking at the event, Trump Jr. dismissed speculation that he and his brother Eric had abandoned the project after a temporary website change. “It was news for me too,” he said. “They changed the website design for a few minutes and, oh my God, they’re bailing on it.” Witkoff added that narratives on social media are often “bot-farm based.”

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Dramatic courtroom scene illustrating World Liberty Financial's defamation lawsuit against Justin Sun, featuring frozen WLFI tokens, Tron symbols, and legal gavel.
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World Liberty Financial sues Justin Sun for defamation

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World Liberty Financial, the Trump-linked cryptocurrency venture, has filed a defamation lawsuit against Tron founder Justin Sun in Florida state court. The suit accuses Sun of violating token agreements, engaging in short-selling, and making false statements after the company froze his WLFI tokens. This escalates a dispute following Sun's own lawsuit against the firm.

Fighters at UFC Freedom 250 received performance bonuses in USD1, the stablecoin from the Trump family’s World Liberty Financial venture. The mixed martial arts contest took place on the South Lawn of the White House on June 14. The $250,000 bonus pool marked a prominent commercial use of the token.

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A new CoinDesk survey reveals that 62% of U.S. voters do not trust President Donald Trump's administration to oversee the cryptocurrency sector. The poll, conducted last week among 1,000 registered voters, also highlights widespread opposition to government officials holding personal stakes in crypto. Findings underscore low public enthusiasm for digital assets ahead of the 2026 midterms.

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