THE BLOCK · 2026-11-03 16:08 UTC

Justin Sun seeks sanctions against World Liberty, alleging Trump-linked firm hid UAE ties

Justin Sun filed a motion seeking sanctions against World Liberty Financial, alleging the DeFi protocol failed to disclose its UAE citizenship until months into their legal dispute. Sun invested $45 million in WLFI tokens and sued World Liberty in April for fraud and unlawfully freezing his tokens; World Liberty later amended disclosures to reveal UAE ownership ties alongside Florida, Delaware, and Puerto Rico citizenship. Sun argues the late disclosure was an attempt to challenge federal court jurisdiction; WLFI token currently trades near $0.051 with a fully diluted valuation of…

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