WLFI CEO Drug Arrest Video Surfaces Hours After Slamming Justin Sun Lawsuit
Zach Witkoff, the co-founder and CEO of World Liberty Financial (WLFI), is under scrutiny upon the release of body camera footage of his drug arrest. The clip surfaced as Trump-linked WLFI enters a legal battle with Tron founder Justin Sun.
WLFI CEO Arrest Video Surfaces Today
The viral video shows that the Witkoff was arrested on New Year 2022 outside of E11EVEN Miami. It created a frenzy on the internet as Witkoff recently dismissed the WLFI vs. Justin Sun lawsuit.
Steve Witkoff, who is the father of Zach Witkoff, was also arrested following an incident at the nightclub. Security personnel claimed he attempted to enter even after being refused entry. Thereafter, things got physical.
At the scene, he was searched by the police. They discovered a bag of cocaine. He was accused of disorderly conduct, resisting arrest and felony possession.
Bodycam shots show his changing words. At one time, he informed police that he was “trying to help a friend.” Soon after, he said “it’s not even mine.” The WLFI CEO also insisted that he had done nothing, and that he was assaulted.
He was repeatedly warned by officers about resistance to arrest. The video records him arguing when he is detained. He also tried to name-drop the owner of the club. “I’m friends with Marc Roberts, I swear to God,” he said. A security guard responded: “Nobody cares… Stop dropping names.”
Witkoff posted bond later and pleaded not guilty, according to court records. In the first place, prosecutors proceeded with the case. However, they subsequently dismissed the felony cocaine charge. One count of resisting arrest was dismissed as well.
Witkoff Dismisses Justin Sun Lawsuit Claims
The footage has emerged at a time when there has been tension between Witkoff and Justin Sun. In a post on X, Witkoff recently described the Justin Sun vs. WLFI lawsuit as “a desperate attempt to deflect attention from Sun’s own misconduct”
He said the allegations are “entirely meritless.” The WLFI CEO added, “World Liberty will continue to take all necessary steps to protect its community.”
In the lawsuit, Sun alleges his WLFI tokens were “wrongfully” frozen. He also expressed concerns on reserved voting rights. In addition, about the proposed 62 billion WLFI token lockup, Sun cautioned that such a move would be detrimental to the holders.
Also, the Tron founder is yet to reply to Sameer Group CEO Syed Sameer’s offer of settling the conflict outside the court.
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