Justin Sun seeks sanctions against World Liberty Financial over UAE disclosure

Tron founder Justin Sun has sought court sanctions against World Liberty Financial and its lawyers, accusing the Trump family-backed crypto company of withholding information about its UAE citizenship for months during their ongoing legal dispute. Summary Justin Sun has sought sanctions against World Liberty Financial and its lawyers, alleging the company failed to disclose its UAE citizenship until several months into their legal dispute. World Liberty initially listed Florida as its sole citizenship before amending its disclosure to identify 22 entities in its ownership chain and claiming citizenship in the UAE. The amended disclosure came shortly after an August court hearing in which some of Sun’s claims were allowed to remain in federal court while others were directed to arbitration. Sun said his lawyers spent months and hundreds of thousands of dollars opposing World Liberty’s arbitration request before the company challenged the federal court’s jurisdiction. The Tron founder plans to refile his lawsuit in California state court once the sanctions motion is resolved, continuing his dispute over the freezing of his WLFI tokens. In a November 3 statement on X, Sun said his law...