World Liberty2026-08-25 15:07:33WLF says USD1 supply has passed $4 billion as CEO rejects influence concernsWorld Liberty Financial CEO Zach Witkoff said Tuesday that USD1, the stablecoin run by the Trump family-linked crypto project, now has more than $4 billion in circulation, with 24-hour trading volume at one point reaching $1.7 billion. He argued that real demand for the token undercuts criticism that it is being used to channel benefits to Donald Trump and his family. Witkoff also said he has "never, and will never" discuss company business with Trump, adding that his focus is on delivering products and services to users. WLF, founded in 2024 by Trump, his sons and related associates, operates USD1 and has received conditional approval for a U.S. national trust bank charter. The project still faces conflict-of-interest scrutiny, including reports that a UAE-linked entity bought a 49% stake in WLF and that the Trump family received hundreds of millions of dollars in 2025 from WLF token and related equity transactions. Witkoff said stablecoins are becoming the internet’s "native cash layer" and that USD1 will keep expanding its use cases.850
Justin Sun2026-08-21 12:34:08Justin Sun and WLFI give conflicting accounts of California arbitration hearingJustin Sun and World Liberty Financial are publicly disputing what happened at a California federal court hearing tied to Sun’s lawsuit against the company. Sun said the judge ruled that his case and his individual claims would proceed in court, calling the development a major win and saying the court rejected WLFI’s effort to push all company-related claims into arbitration. He also said WLFI was trying to move the dispute into secret arbitration and keep documents out of public view. WLFI CEO Zach Witkoff offered a sharply different version hours later. He said the court made no ruling on Sun’s claims, that WLFI never sought arbitration for Sun’s individual claims, and that the company instead wanted those claims dismissed. Witkoff added that the court agreed with WLFI that many claims brought by Sun’s companies must go to arbitration, and said even Sun’s lawyers conceded that point in court. The hearing stems from Sun’s April lawsuit accusing WLFI of fraud and breach of contract after it froze his tokens using what he described as undisclosed blacklisting powers. Court documents from the hearing have not yet been posted online, leaving the public dispute unresolved for now.1260
WLFI2026-08-21 06:02:03WLFI Co-Founder Says Justin Sun’s Claim of Major Court Win Was FalseWLFI co-founder Zach Witkoff said Justin Sun made several false statements about the latest court hearing. According to Witkoff, Sun had claimed that the court backed his position and framed the outcome as a “major victory.” Witkoff said that was not what happened, stating that the court had made no ruling at all. He also disputed Sun’s characterization of the procedural status of his personal claims. Witkoff said Sun was presenting the fact that his personal claims remained in court as if it were a win, while WLFI had never asked for those personal claims to be sent to arbitration. He added that WLFI’s motion to dismiss those claims is still pending before the court. In Witkoff’s account, there was no court support for Sun’s position and no “major victory” in the proceeding.1300
WLFI2026-08-21 05:55:59Zach Witkoff Says Sun Yuchen Misstated Latest Court OutcomeChainCatcher reported that WLFI co-founder Zach Witkoff said Sun Yuchen made multiple false claims about the latest court outcome. Sun had described the result as a “major victory” and said the court backed his position, but Witkoff said the court issued no ruling. He added that WLFI never asked to send Sun’s personal claims to arbitration, and WLFI’s motion to dismiss those claims is still awaiting a court decision.1130
WLFI2026-07-24 05:15:17Resurfaced 2022 Arrest Video Puts WLFI Co-Founder Zach Witkoff Back Under ScrutinyA resurfaced 2022 arrest video has renewed attention on WLFI co-founder Zach Witkoff as World Liberty Financial faces a lawsuit from Justin Sun over frozen WLFI tokens and alleged coercive conduct.230
