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

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Justin Sun with Comedian Artwork. Source: X (formerly Twitter).

Tron founder Justin Sun filed a 52-page fraud lawsuit against World Liberty Financial (WLFI) this week. Eric Trump quickly fired back.

The complaint lists seven causes of action, including fraud in the inducement, conversion, and unjust enrichment. Sun invested $45 million in the Trump family-backed project.

Trump and Witkoff Reject Sun’s Claims

Eric Trump took aim at Sun’s infamous $6.2 million banana artwork purchase, calling it more ridiculous than the lawsuit itself.

“The only thing more ridiculous than this lawsuit is spending $6 million on a banana duct-taped to a wall. We are incredibly proud of the @worldlibertyfi team…,” President Donald Trump’s son commented.

Justin Sun purchased the viral art piece Comedian, a banana duct-taped to a wall, for $6.2 million at Sotheby’s in November 2024.

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Justin Sun with Comedian Artwork. Source: X (formerly Twitter).
Justin Sun with Comedian Artwork. Source: X (formerly Twitter).

Zach Witkoff, WLFI co-founder, called the lawsuit a “desperate attempt to deflect attention from Sun’s own misconduct.” He said the project expects the case to be thrown out promptly.

WLFI allegedly froze 595 million of Sun’s unlocked tokens in September 2025. A smart contract update had introduced a blacklist function.

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

Banana Gun (BANANA) Price Performance
Banana Gun (BANANA) Price Performance. Source: BeInCrypto

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

Bitcoin advocate Simon Dixon compared WLFI to collapsed platforms like Celsius Network and FTX. He alleged the project uses its illiquid token to mint its own stablecoin. Dixon claimed insiders then earn yield from US Treasury debt.

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“So World Liberty Financial allegedly uses its illiquid token WLFI (like CEL did with Celsius and FTT did with FTX) to mint its own stablecoin, allowing it to buy U.S. Treasuries and earn millions in yield from U.S. government debt, while the co-founder’s father (Witkoff) negotiates a nuclear deal in the war that his co-founder’s father (President Trump) started after tearing up the last Iran deal. The Trump and Witkoff families are using a token to earn yield on the debt the U.S. government is incurring from the Iran war. Let that sink in. Follow the money,” wrote Dixon.

A viral thread from self-described Web3 ambassador Peter Girnuz detailed alleged insider allocations and governance manipulation. Witkoff denied any association with Girnuz.

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WLFI Price Performance.
WLFI Price Performance. Source: BeInCrypto

WLFI trades near $0.079 at the time of writing, down roughly 74% from earlier highs and almost 1% in the last 24 hours.

The post Eric Trump Sparks 5% Meme Coin Surge With Fresh Justin Sun Attack appeared first on BeInCrypto.

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Lazarus Group Uses Fake Meeting Hack

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Lazarus Group Uses Fake Meeting Hack

North Korea’s Lazarus Group has launched a new macOS malware campaign called Mach-O Man that uses fake online meeting invitations to trick crypto and fintech executives into executing malicious commands on their own devices, according to blockchain security firm CertiK.

Summary

  • Lazarus Group’s new Mach-O Man campaign uses fake meeting invites to lure executives into pasting malicious terminal commands on their Macs.
  • The malware auto-deletes after execution, making the breach nearly impossible to detect through standard forensic methods.
  • CertiK links the same Lazarus push to over $500 million stolen from DeFi platforms Drift and KelpDAO in the past two weeks.

North Korea’s Lazarus Group is running a new campaign dubbed Mach-O Man that targets executives at crypto, fintech, and other high-value firms by disguising malware delivery as a routine technical fix during a fake business meeting, according to CertiK senior blockchain security researcher Natalie Newson. The campaign was disclosed on April 22 and represents one of the group’s most operationally sophisticated social engineering methods to date.

Lazarus Group Crypto Hack Hides Behind Routine Business Communications

The attack chain begins with an urgent-looking meeting invitation sent over Telegram, impersonating a Zoom, Microsoft Teams, or Google Meet call. The link leads to a convincing but fake website that tells the victim to paste a single command into their Mac terminal to resolve an apparent connection issue, a technique CertiK identifies as ClickFix. Once executed, the command installs a modular malware kit built from native Mach-O binaries tailored for Apple environments, which profiles the host, establishes persistence, and exfiltrates credentials and browser data through a Telegram-based command-and-control channel. Critically, the toolkit auto-deletes after completing its task, making detection and forensic analysis extremely difficult. “These fake verification steps guide victims through keyboard shortcuts that run a harmful command,” CertiK’s Newson told CoinDesk. “The page looks real, the instructions seem normal, and the victim initiates the action themselves, which is why traditional security controls often miss it.”

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Why This Attack Is Harder to Catch Than Standard Phishing

Unlike traditional phishing attacks that rely on urgency cues or suspicious sender addresses, the Mach-O Man campaign is designed to look entirely routine at the moment of delivery. Executives in crypto and fintech routinely receive cold outreach from investors, researchers, and business partners, making the fake meeting invitation format a credible lure in a way that generalized phishing often is not. CertiK’s analysis notes that the Mach-O Man framework is tied to Lazarus’ Famous Chollima unit and distributed through compromised Telegram accounts specifically targeting high-value organizations in the digital asset space. Most victims will not realize they have been compromised until well after the malware has erased itself. “They likely don’t know it yet,” Newson said. “If they do, they probably can’t identify which variant affected them.”

The Scale of the Lazarus Threat to Crypto in 2026

CertiK has linked the Mach-O Man campaign to a broader Lazarus offensive that has siphoned more than $500 million from DeFi platforms Drift and KelpDAO in under two weeks, adding to a cumulative theft total estimated at $6.7 billion since 2017. The United Nations has previously estimated that North Korean hackers have stolen several billion dollars in digital assets to fund the country’s weapons programs. “What makes Lazarus especially dangerous right now is their activity level,” Newson said. “This isn’t random hacking. It’s a state-directed financial operation running at a scale and speed typical of institutions.” CertiK is advising crypto professionals to independently verify all meeting requests through a separate channel before clicking any link or downloading any attachment from an unsolicited invitation.

CertiK has shared indicators of compromise tied to the Mach-O Man campaign with the broader security community to support detection and defense efforts across the industry.

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Bitcoin, Ether Rally Higher As US Monetary Plan Excites Bulls

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Bitcoin, Ether Rally Higher As US Monetary Plan Excites Bulls

Key takeaways:

  • US government bailout plans and currency swap lines with the UAE are easing global liquidity fears and lowering credit crisis risks.

  • Record Bitcoin ETF inflows and rising BTC miner profits suggest strong bullish momentum despite the ongoing war in Iran.

The total cryptocurrency market capitalization surged to an 11-week high on Wednesday as Bitcoin (BTC) climbed to $79,000 and Ether (ETH) reached $2,400. The bullish momentum occurred as investors grew more confident that immediate US recession risks were fading, despite sustained high oil prices resulting from the war in Iran.

Traders are now weighing whether Bitcoin and Ether are destined for further gains or if a short-term correction is imminent given that economic recession risks persist.

Nasdaq 100 futures (left) vs. Total crypto market capitalization, USD (right). Source: TradingView

The tech-heavy Nasdaq-100 index reached a record high on Wednesday as traders awaited Tesla (TSLA US) quarterly earnings. Brent crude prices rose 9% over two days after reports indicated Iran targeted two vessels in the Strait of Hormuz. Elevated energy costs increase the likelihood of economic stimulus, providing a temporary buffer for risk assets.

US liquidity plans and Bitcoin ETF inflows may offset recession fears

US President Donald Trump reportedly stated during a CNBC interview that “the federal government should help” Spirit Airlines, a budget carrier that has experienced bankruptcy twice since 2025. The Trump administration previously provided capital to chipmaker Intel (INTC US), utility Southern Company (SO US) and defense contractor L3Harris (LHX US).

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Direct US government intervention in private firms and the US Treasury signals that credit lines for allies have eased liquidity concerns. US Treasury Secretary Scott Bessent noted Wednesday that both the US and the United Arab Emirates would benefit from a currency swap line intended to “maintain order in the dollar funding markets.”

US allies are facing pressure to sell US bonds to raise dollars for local defense, imports and liquidity amid the collapse of oil revenue and disruptions in the Strait of Hormuz. Potential currency swaps ease these dollar shortages, preventing a spike in US Treasury yields. The overall impact includes lower borrowing costs and a reduced risk of an immediate credit crisis.

Six consecutive days of inflows into US-listed Bitcoin exchange-traded funds (ETFs), totaling $1.54 billion, have likely boosted sentiment. The successful launch of the Morgan Stanley Bitcoin Trust (MSBT US), which reached $145 million in total net assets in under three weeks, improved Bitcoin’s risk perception despite global socio-economic uncertainty.

US-listed spot Bitcoin ETFs daily net flows, USD. Source: SoSoValue

Related: Bitcoin inflows to Binance fall to 2023 low as BTC bulls set target on $80K

Bitcoin miner profitability eases short-term sell pressure

As Bitcoin price neared $79,000, miner profitability hit its highest level since January, according to Luxor’s Hashprice Index. 

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Bitcoin miner daily expected earnings per terahash, USD. Source: HashRateIndex

Miners recently gained attention as firms sold significant Bitcoin holdings to fund investments in data centers and AI infrastructure. Examples include MARA Holdings (MARA US), Riot Platforms (RIOT US), Core Scientific (CORZ US) and Cango (CANG US). While higher profitability does not guarantee reduced selling pressure from miners, the bullish momentum creates an incentive to accumulate. 

Ultimately, a short-term correlation with US stock markets continues to dictate cryptocurrency trends; therefore, the war in Iran and tech earnings remain decisive for trader sentiment.

As the US government signals that stimulus measures will be used to secure liquidity and address credit concerns, Bitcoin and Ether appear primed to sustain their upward momentum.