World Liberty Monetary (WLFI) has hit new lows as one in every of its largest traders recordsdata a lawsuit in opposition to the venture backed by the US First Household, elevating considerations concerning the venture’s stability.
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WLFI Sinks Amid Justin Solar Lawsuit
World Liberty Monetary’s token has fallen round 3% over the previous 24 hours, reaching a brand new all-time low of $0.0761 on Thursday morning, in response to CoinGecko data. The cryptocurrency had been buying and selling between $0.0887-$0.1355 for the reason that early February correction, however broke down from this vary at first of April.
Notably, the token has seen 16.5% and 26% corrections within the weekly and month-to-month timeframes, fueled by a number of controversies and the current authorized motion taken by Tron founder and WLFI’s largest holder, Justin Solar.
Solar filed a grievance in opposition to the Trump-backed venture on Tuesday, alleging that WLFI’s workforce froze his tokens utilizing an embedded sensible contract backlist perform, stripped him of his voting rights, and threatened to burn his holdings, with out correct justification.
In line with the lawsuit, he invested a complete of $45 million to purchase Three billion WLFI tokens in 2024 and 2025 and obtained one billion tokens for advising the venture. He additionally claimed that “World Liberty is on the snapping point,” elevating considerations about whether or not the venture has sufficient reserves to again its USD1 stablecoin.
Within the submitting, Solar reportedly says that his relationship with WLFI’s workforce soured mid-last yr after he declined to offer extra funding and assist to the venture, particularly the USD1 stablecoin.
As well as, he claimed that World Liberty Monetary privately blamed him for the WLFI’s 40% value crash on its launch, resulting in his tackle blacklist on September 4, 2025.
Eric Trump Takes A Jab At Solar
The Tron founder affirmed on X that he had tried to resolve the scenario privately, however that “sure people on the World Liberty venture workforce have been working the venture in a fashion that goes in opposition to President Trump’s values,” leaving him “no alternative however to show to the courts.”
World Liberty Monetary co-founders Eric Trump and Zack Witkoff publicly responded to Justin Solar’s lawsuit, dismissing his grievance and taking a jab on the Tron founder.
In an X put up, Eric Trump discredited him, arguing that the one factor “extra ridiculous than this lawsuit is spending $6 million on a banana duct-taped to a wall,” referencing Solar’s infamous buy of Maurizio Cattelan’s banana art work in late 2024.
Some on-line customers identified the shift of their relationship, noting Trump’s second son had praised Solar lower than a yr in the past. In June 2025, Eric Trump said he was “the largest fan of Tron” and “liked” Justin Solar, whom he referred to as a “nice good friend and an icon within the crypto house.”
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Witkoff, who’s the son of Trump Center East envoy Steve Witkoff, additionally referred to as Solar’s lawsuit a “determined try and deflect consideration” from the crypto founder’s “misconducts,” affirming that his claims are “solely meritless” and that World Liberty Monetary appears ahead to getting the case thrown out quickly.
“He engaged in misconduct that required World Liberty to take motion to guard itself and its customers. World Liberty will proceed to take all crucial steps to guard its group,” Witkoff concluded.
As of this writing, WLFI has fallen greater than 75% since its all-time excessive (ATH) of $0.33 on September 1, 2025.
Featured Picture from Unsplash.com, Chart from TradingView.com
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