Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure
Justin Sun is seeking $263,821.20 in sanctions against World Liberty Financial and its lawyers, alleging the company filed a misleading ownership disclosure in their dispute over his $45 million WLFI investment. World Liberty first listed Florida as its sole citizenship, then added 22 individuals and entities, including UAE parties, nearly three months later. Its lawyers say they recently learned of the additional citizenship information and argue the UAE connection affects federal court jurisdiction. Sun’s lawyers say the company failed to explain the omission. Sun sued in April over alleged fraud and frozen tokens; World Liberty countersued for defamation. Sun plans to refile in California state court after the sanctions motion is resolved. A hearing is scheduled for Dec. 10.
