The high-stakes relationship between digital asset mogul Justin Sun and Donald Trump’s crypto venture, World Liberty Financial, has officially fractured. In a dramatic operational retaliation, Sun’s crypto exchange, HTX, has completely delisted the USD1 stablecoin, marking an aggressive escalation in a feud that has rapidly boiled over from public social media spats into a full-blown courtroom battle.
https://x.com/HTX_Global/status/2063237150574018985?s=20
The severe breakdown began with explosive allegations from Sun, who filed a lawsuit claiming that World Liberty Financial attempted to strong-arm and extort him into acting as a primary liquidity injector and heavy minter for their Trump-affiliated stablecoin. According to Sun's legal team, when he resisted the pressure, World Liberty retaliated by deploying weaponized, undisclosed blacklisting protocols to strip away his governance rights and freeze his participation via the platform's WLFI tokens.
World Liberty Financial quickly fired back with a aggressive countersuit of its own. The Trump-backed project has accused Sun—who formally served as an advisor to the venture—of launching a calculated, "coordinated media smear campaign" designed to intentionally defame and destabilize the protocol.
