COINDESK · 2026-11-03 17:04 UTC

Justin Sun seeks sanctions against Trump-linked World Liberty Financial over UAE ties

Tron founder Justin Sun is seeking sanctions against World Liberty Financial for allegedly concealing its UAE ownership ties until months into his lawsuit over frozen WLFI tokens. Sun invested $45 million in WLFI tokens starting in November 2024 but claims the company induced his investment through fraud and unlawfully froze his assets. World Liberty initially disclosed only Florida citizenship to the court, then amended to reveal 22 entities in its ownership chain and UAE citizenship after a judge ruled some claims could remain in public court, potentially removing federal court jurisdiction.

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