Trump Jr. and Co‑Founder Defend Role at World Liberty
Donald Trump Jr. and co‑founder Zach Witkoff told attendees the Trump family remains involved with World Liberty Financial as the firm sues Justin Sun and seeks conditional bank charter approval.
At the Consensus conference in Miami on Thursday, Donald Trump Jr. and co‑founder Zach Witkoff rejected online reports that the Trump family had left World Liberty Financial and described ongoing legal and regulatory work around the company.
The comments followed the removal of a founders list from World Liberty’s website, an action that led to circulating claims the Trumps had stepped away. Trump Jr. told the audience those reports reflected misinformation spread online and pointed to automated accounts amplifying the claims. Witkoff added, “As far as I’m aware, Don and Eric are still very much co‑founders of the project.”
The public remarks came as the two parties expand their legal battle. Justin Sun, founder of the Tron blockchain and an early backer of World Liberty, sued the firm last month alleging misconduct by its leadership. This week World Liberty filed a defamation suit against Sun, accusing him of spreading false statements and secretly shorting the company’s native token, WLFI, to lower its price. In its court filing, World Liberty argued it had evidence to support the claim; Witkoff described the lawsuit as a “last resort,” saying, “We wouldn’t have filed the lawsuit if we didn’t have the receipts.”
World Liberty also outlined its regulatory plans at the panel. The company applied in January to a division of the U.S. Treasury for a national trust bank charter that would permit banking functions connected to its dollar‑pegged stablecoin, USD1. Witkoff said the firm is close to conditional approval and described the application as being in its final stages.
The charter application and the Trump family’s role have drawn political attention. Senator Elizabeth Warren characterized the situation as “perhaps the most disgraceful presidential corruption scandal in U.S. history,” a comment made in recent public remarks criticizing the pending charter.
World Liberty emphasized at the conference that the legal filings and regulatory work are intended to defend the company’s reputation and complete the bank charter process. The company and Sun continue to contest each other’s claims while WLFI and the planned USD1 stablecoin remain central to World Liberty’s business model.
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