play stupid games win stupid prizes. or something.

"In a lawsuit filed Tuesday, Sun alleged that World Liberty Financial is “engaging in an illegal scheme to seize property.”

“World Liberty’s fraud has caused Mr. Sun and his companies to incur hundreds of millions of dollars in damages, and they seek to be compensated—and also seek certain narrow equitable relief—through this lawsuit,” the filing reads.

The founder of the crypto firm TRON spent $45 million purchasing $WLFI tokens in late 2024 and early 2025, as World Liberty Financial got off the ground."

  • Zombiepirate@lemmy.world
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    2 days ago

    Hilarious that he caught a billionaire in the most obvious scam since Wile E. Coyote painted “free birdseed” on the side of a box that’s held up by a stick.

    • i_am_not_a_robot@discuss.tchncs.de
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      1 day ago

      Justin Sun isn’t just any billionaire. He made his money through crypto and he would recognize a crypto scam. Shortly after purchasing a lot of WLF, the SEC suspiciously stopped a lawsuit against him. He may be unhappy with what he got in exchange for his “investment.”

  • Lasherz@lemmy.worldM
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    2 days ago

    It is a bit strange that investors haven’t called Trump on his obvious market manipulation yet. Elon got away with it, but oil investors tend to be a lot less sycophantic.