World Liberty Financial is hitting back at crypto billionaire Justin Sun with a defamation suit — and claims he was betting against the very token he was publicly hyping as “one of the biggest projects in crypto” as part of an alleged short-and-distort scheme. The Florida-based decentralized finance company, launched in 2024 and backed by the Trump sons, filed the suit Monday in Miami-Dade County state court, just days after Sun sued them for fraud in California federal court. Sun’s suit, filed April 21, claims World Liberty tried to pressure him into investing “hundreds of millions of dollars” more into its USD1 stablecoin, the company’s main product. When he refused, Sun alleges, World Liberty froze his holdings in retaliation. World Liberty Financial has filed a defamation suit against crypto billionaire Justin Sun. REUTERS But World Liberty is clapping back with a very different story.…