May 4 (Reuters) – World Liberty Financial said on Monday it had filed a lawsuit accusing crypto entrepreneur Justin Sun of defamation and saying he had engaged in prohibited token transfers, straw purchases and short sales while being aware of the company’s right to freeze user tokens.
In April, Sun sued the digital currency venture co-founded by U.S. President Donald Trump and his sons, alleging that it illegally froze his holdings of tokens issued by the company.
(Reporting by Dagmarah Mackos; Editing by Susan Fenton)
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