Justin Sun seeks sanctions against World Liberty, alleging Trump-linked firm hid UAE ties
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Justin Sun is seeking sanctions against World Liberty Financial, alleging the Trump-linked DeFi firm concealed its UAE ties to escape federal court jurisdiction, and plans to refile his $45 million lawsuit in California state court. The dispute centers on Sun's claim that World Liberty hid its UAE citizenship to avoid U.S. federal proceedings. The move escalates a high-profile legal fight involving one of crypto's most prominent figures and a venture tied to the Trump family. What to watch next: whether the California state court accepts the refiled $45 million suit and how the sanctions motion against World Liberty is resolved.
Muhabbit's AI wrote this summary from The Block's report. It can get details wrong, so check the source.
Named in this story
World Liberty Financial, Justin Sun, Trump, UAE