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Justin Sun seeks $264,000 sanctions over World Liberty UAE disclosure

Tron founder Justin Sun wants World Liberty Financial and its lawyers sanctioned, accusing the Trump-linked firm of a misleading court disclosure about its ownership, including UAE backers.

InvestIn.News NewsDesk · 1 min read
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Picture from Cointelegraph for: Justin Sun seeks $264,000 sanctions over World Liberty UAE disclosure
Image: Cointelegraph
Original reporting: Ezra Reguerra, Cointelegraph

Key points

  • Sun and two co-plaintiffs seek $263,821.20 in sanctions, covering four attorneys' work opposing arbitration.
  • World Liberty first listed Florida as its sole citizenship, then named 22 individuals and entities, including UAE owners, nearly three months later.
  • A hearing on the sanctions motion is set for 10 Dec; Sun plans to refile in California state court afterwards.

The request, filed in federal court with two co-plaintiffs, concerns a dispute over Sun's $45m WLFI token investment, Cointelegraph reports.

World Liberty's lawyers then argued that UAE citizenship on both sides of the case deprived the federal court of jurisdiction.

Attorney Edward Moss's sworn declaration says the sanctions request covers four attorneys' work opposing arbitration and excludes other fees.

Sun sued World Liberty in April alleging fraud and unlawful freezing of his tokens; the company countersued for defamation in May, which Sun denies. The dispute followed a January 2025 deal for an Abu Dhabi-backed vehicle to buy 49% of World Liberty for $500m. Sun says he plans to refile in California state court once the sanctions motion is resolved.

What to watch: A hearing on Sun's sanctions motion is scheduled for 10 Dec, after which he plans to refile in California state court.

Read the full story on Cointelegraph

Live updates on NewsFeeds:RegulationDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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