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Trump Jr. defends World Liberty at Consensus Miami

Crypto
Last updated: May 8, 2026 2:08 pm
Crypto
Published: May 8, 2026
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Trump Jr. defends World Liberty at Consensus Miami

Donald Trump Jr. and Zach Witkoff took the main stage at Consensus Miami 2026 on Thursday to defend World Liberty Financial as the project fights a federal lawsuit from Justin Sun. Summary Trump Jr. and Witkoff appeared at Consensus Miami 2026 on Day 3 to make the case for World Liberty Financial. Justin Sun filed a federal lawsuit in late April accusing the project of freezing his tokens and stripping his voting rights. World Liberty Financial also faces scrutiny over a $500 million UAE-linked equity stake and a pending federal bank charter application. Donald Trump Jr. and Zach Witkoff took the Consensus Miami 2026 main stage on Thursday, appearing together at a major crypto conference for the first time to defend World Liberty Financial. The appearance comes as the Trump-backed DeFi project faces its most significant legal challenge since launching in late 2024. In late April, Tron founder Justin Sun filed a federal lawsuit in California alleging that World Liberty froze his tokens, stripped his voting rights, and threatened to permanently burn his holdings. Witkoff responded publicly, calling the claims “entirely meritless” and describing the suit as a “desperate attempt to deflect attention” from Sun’s own alleged misconduct. What Consensus means for WLFI The Consensus stage gives World Liberty Financial an opportunity to reframe its narrative in front of 20,000 attendees. The project has drawn sustained scrutiny beyond the Sun lawsuit. A Wall Street Journal report revealed earlier this year that an Abu Dhabi-linked entity acquired a 49% stake for $500 million days before Trump’s inauguration, and Senator Elizabeth Warren subsequently called on the OCC to pause review of WLFI’s bank charter application, citing conflicts of interest. World Liberty Financial launched its USD1 stablecoin on multiple chains and unveiled a tokenized real estate product in February tied to a Trump resort in the Maldives. WLFI currently trades around $0.08, more than 75% below its September 2025 peak.

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