The whale just turned on his trainer.

Justin Sun, the biggest early backer of the Trump family's crypto company World Liberty Financial, filed a federal complaint Tuesday calling it a fraud.

Sun put $45M into WLFI in late 2024 when token sales were collapsing. After his check, WLFI raised $550M. He moderated panels with Eric Trump in Dubai. He took the advisor title.

In March, the Trump SEC settled a civil fraud case against Sun's last company for $10M. In April, his $1B+ in WLFI tokens were frozen.

His complaint says WLFI demanded hundreds of millions more in stablecoin minting. When he refused, they locked the tokens and threatened to permanently destroy them.

Verbatim from the federal complaint. WLFI is running a golden opportunity to leverage the Trump brand to profit through fraud.

Pause the GENIUS Act vote. Pause the WLFI banking charter.

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