Justin Sun Accuses Trump-Backed World Liberty of Using UAE Ties to Escape Federal Court
Summary
Justin Sun has asked a California federal court to sanction World Liberty Financial, alleging it delayed disclosing that its ownership chain includes UAE citizens. The dispute concerns whether the company’s foreign ownership means the federal court lacks jurisdiction over Sun’s lawsuit. Sun sued in April, claiming World Liberty misled him and froze his WLFI tokens; the company alleges he shorted the token and hurt its price. After the company disclosed 22 owners across Florida, Delaware, Puerto Rico and the UAE, Sun said he would refile in state court once the sanctions motion is resolved.
