Eric Trump Fires Back at Justin Sun Over $6M Banana Art, Coin Soars 5%!

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Eric Trump Sparks 5% Meme Coin Surge With Fresh Justin Sun Attack

Justin Sun, the creator of Tron, initiated a fraud lawsuit against World Liberty Financial (WLFI) this week, submitting a 52-page document detailing his claims. Eric Trump responded swiftly to the allegations.

The lawsuit makes seven separate claims, such as fraud, wrongful taking of property, and unfair benefit. Sun invested $45 million in a project supported by the Trump family.

Trump and Witkoff Reject Sun’s Claims

As a researcher following the legal proceedings, I found Eric Trump’s commentary particularly interesting. He dismissed the art purchase – a $6.2 million banana – as even more absurd than the lawsuit at the center of everything. It really highlights how much attention that artwork received and how it became a talking point in this case.

Donald Trump Jr. called the lawsuit ‘ridiculous’ and compared it to the exorbitant price paid for a banana taped to a wall. He also expressed pride in the team at @worldlibertyfi.

In November 2024, Justin Sun bought the famous artwork “Comedian” – a banana simply taped to a wall – for $6.2 million at a Sotheby’s auction.

Zach Witkoff, who helped start WLFI, described the lawsuit as a last-ditch effort to distract from Sun’s own wrongdoing. He believes the case will be dismissed quickly.

Justin Sun’s lawsuit against World Liberty is a clear attempt to distract from his own questionable actions. The claims he’s making have no basis in reality, and World Liberty is confident the case will be dismissed quickly. Sun’s behavior has raised concerns that World…

— Zach Witkoff (@ZachWitkoff) April 22, 2026

In September 2025, WLFI reportedly blocked access to 595 million of Sun’s tokens. This happened because a recent update to the token’s code included a feature that allowed for blacklisting tokens.

His frozen position reportedly lost more than half its value as the token declined.

Banana Gun (BANANA) price is up by almost 6% on the news, to trade for $4.01 as of this writing.

Critics Draw Parallels to Past Failures

Simon Dixon, a proponent of Bitcoin, has drawn parallels between WLFI and failed companies such as Celsius Network and FTX. He suggests WLFI operates by using its difficult-to-sell token to create its own stablecoin, with those involved then profiting from investments in US Treasury bonds.

According to a recent post, World Liberty Financial appears to be using its own cryptocurrency, WLFI, to create a stablecoin, similar to what Celsius and FTX did with their tokens. This allows them to purchase U.S. Treasury bonds and profit from the interest earned on U.S. government debt. Simultaneously, the father of a company co-founder is reportedly involved in negotiating a nuclear agreement related to a war that the father of the other co-founder – former President Trump – initiated after withdrawing from a previous agreement. Essentially, the Trump and Witkoff families are benefiting financially from the debt the U.S. is accumulating due to the war in Iran. The author urges readers to consider these connections and trace the financial flow.

A popular online discussion started by Peter Girnuz, who identifies as a Web3 advocate, claimed there was unfair distribution of resources and improper influence over decision-making. Witkoff stated he has no connection to Girnuz.

Look, I’m just a crypto investor like everyone else here. I have absolutely no connection to the WLFI team or project – I don’t work with them, and they don’t even know who I am. I’m not trying to piggyback off their success; I’m just sharing my thoughts. Please don’t assume I’m trying to gain attention by associating with them.

— Zach Witkoff (@ZachWitkoff) April 22, 2026

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As of right now, WLFI is trading around $0.079. This is down about 74% from its previous peak, and it’s decreased almost 1% just in the last day.

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2026-04-22 19:42