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Media mogul hits Justin Sun with countersuit in $78M sculpture dispute

cryptoweekly by cryptoweekly
April 18, 2025
in bitcoin, News
0

Billionaire American film producer and collector David Geffen said Sun’s suit was a “sham” and a fraudulent scheme to claim ownership.

American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture.

The billionaire American media mogul filed a counterclaim against Sun on April 16, calling the Tron founder’s suit a “sham” and adding claims of “unethical and/or illegal business activities.”

Sun sued Geffen in February, claiming that the statue was stolen from him by a former employee who then sold the artwork to Geffen in a deal worth around $65 million in artwork and cash.

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Recent Posts
  • Bitcoin OGs ‘faith shaken’ comment stirs heated debate in community
  • Bitcoin ‘up year’ is 2026, and the four-year cycle is dead: Bitwise
  • XRP dip was a ‘healthy correction,’ Ether supply shock: Hodler’s Digest, July 20 – 26
  • Solo Bitcoin miner scores $373,000 block reward
  • 'Parabolic bull markets and devastating bear markets are over’ — BTC analyst
  • Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib
  • Bitcoin bulls 'in control’ as BTC price rebounds to $118K

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