Suit alleges that Hong Kong-based Justin Sun engaged in a campaign to ‘torch’ the company’s reputation

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World Liberty Financial, the crypto venture co-founded by Donald Trump and his sons, said on Monday it had filed a defamation lawsuit in Florida state court against the Hong Kong-based crypto entrepreneur Justin Sun, as a dispute escalates between the project and one of its most prominent backers.

World Liberty posted a copy of its lawsuit on X in which it accused Sun of launching a “public smear campaign”. It alleged that Sun had improperly transferred some of his WLFI tokens that come with voting and governance rights to crypto exchange Binance and, separately, that he had placed bets that WLFI would decline in market value, known as short selling. That was part of a coordinated effort to push the token’s market price down as public trading began in September, the lawsuit alleged.

A Senate committee advances Trump’s pick as doubts linger over the Fed’s independence and Powell’s future

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Kevin Warsh, ​Donald Trump’s pick to lead the Federal Reserve, clears a key procedural hurdle on Wednesday, opening ‌the way for him to succeed Jerome Powell in coming weeks amid the White House’s unprecedented efforts to exert control over the world’s most powerful central bank.

Warsh’s nomination was approved in a 13 to 11 vote, strictly along party lines with Republicans supporting the nomination, setting up a confirmation vote in the US Senate in the coming days.

Prosecutors allege Gannon Van Dyke won $400,000 using insider information to bet on Maduro raid on Polymarket

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The US army soldier charged with winning $400,000 by using insider information to bet on the removal of the ousted Venezuelan president Nicolás Maduro pleaded not guilty to fraud charges on Tuesday.

Gannon Ken Van Dyke, 38, entered the plea in US district judge Margaret Garnett’s courtroom in Manhattan. Van Dyke sported a shaved head and wore a black blazer, jeans and brown shoes as he arrived to the courtroom with his lawyers, Zach Intrater and Mark Geragos.

Billionaire Alexei Mordashov’s vessel, Nord, reportedly able to cross blockaded strait with US and Iranian approval

A superyacht owned by the Russian billionaire Alexei Mordashov was able to transit the blockaded strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the US objected, a source close to Mordashov said on Tuesday.

It has been unclear how the multi-deck pleasure vessel, worth more than $500m (£370m), gained permission to sail on Saturday through the commercially important waterway at the heart of the US-Iran conflict, where traffic has been severely restricted since February.

Claudia Sheinbaum says Mexico was not aware of US participation until four officials were killed in car crash

Claudia Sheinbaum, Mexico’s president, said on Monday that her government told the United States, in a diplomatic note, that the unauthorized presence of US officials at an anti-narcotics operation in the northern state of Chihuahua should not be repeated.

The incident came to light after two US officials, along with two Mexican officials, were killed in a car crash on 19 April after the operation. Sheinbaum has said the federal government was not aware of the participation of the US officials, who were widely reported to be CIA officers.

Redrawn map could flip up to five seats to Republicans as Trump’s party seeks to keep control of Congress

The US supreme court formally reinstated on Monday a redrawn Texas electoral map that was designed to add more Republicans to the US House of Representatives, as Donald Trump’s party seeks to keep control of Congress in the November congressional elections.

The move by the court, which has a 6-3 conservative majority, formalizes an interim decision it made in December to revive the map of US House districts in Texas.

Car bomb kills Sadio Camara at home during coordinated assaults by rebel groups including West African al-Qaida affiliate

Mali’s defence minister was killed in an attack on his residence, the government said on Sunday, a high-profile fatality during coordinated assaults staged the previous day by insurgents including the West African affiliate of al-Qaida.

A car laden with explosives driven by a suicide attacker drove into Sadio Camara’s residence in the town of Kati, the spokesperson, Issa Ousmane Coulibaly, said in a statement read out on state television. A firefight ensued, and Camara sustained injuries from which he later died in a hospital, Coulibaly said, adding that Mali would observe two days of mourning.

Move creates conflict between state and administration as Trump seeks federal framework over states handling issue

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The US justice department said on Friday it had intervened in a lawsuit by Elon Musk’s xAI challenging a Colorado law aimed at regulating artificial intelligence systems.

In its intervention, the justice department said the law violated the 14th amendment’s equal protection guarantee by requiring companies to guard against unintended discriminatory effects while allowing some discrimination aimed at promoting diversity.

US judge orders release of a woman and her five children who were family of the 2025 Colorado fire attack suspect

A woman and her five children, whose immigration detention of more than 10 months marked the longest family detention under Donald Trump’s second administration, were released on Thursday hours after a judge’s order, their lawyer said.

US district judge Fred Biery of the western district of Texas ordered the family’s release.

Israeli prime minister says early-stage malignant tumour was discovered during a routine check-up

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Benjamin Netanyahu has revealed that he received successful treatment for early-stage prostate cancer, without specifying when the treatment took place.

In a statement on social media, as his annual medical report was released, the Israeli prime minister said an early-stage malignant tumour had been discovered during a routine checkup. The 76-year-old said targeted treatment had removed “the problem” and left no trace of it.

One pilot ordered to repay some of the $600,000 of damage caused by collision in 2021

South Korea’s air force has apologised for a 2021 mid-air collision involving two fighter jets, a day after auditors said pilots were taking selfies and filming during the flight and held them responsible for the accident.

“We sincerely apologise to the public for the concern caused by the accident that occurred in 2021,” an air force spokesperson said in a press briefing. The spokesperson said one of the pilots involved had been suspended from flying duties, received severe disciplinary action and has since left the military.

• US special envoy Zampolli hopes for Italy involvement

• Doubts remain over Iran’s participation

An envoy to Donald Trump has asked Fifa to replace Iran with Italy in the upcoming World Cup, the Financial Times reported on Wednesday.

The plan is an effort to repair ties between Trump and Italy’s prime minister Giorgia Meloni after the two fell out amid the American president’s attacks against Pope Leo XIV over the Iran war, the FT reported, citing people familiar with the matter.