Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure
Sun plans to refile his token-freeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10.
Tron founder Justin Sun is seeking $263,821.20 in sanctions against World Liberty Financial and its lawyers, accusing the Trump family-linked crypto company of submitting a misleading court disclosure about its ownership in a legal dispute over his $45 million WLFI token investment.
In a federal court filing, Sun and two co-plaintiffs alleged that World Liberty initially listed Florida as its sole citizenship before amending its disclosure nearly three months later to identify 22 individuals and entities in its ownership chain, including those in the United Arab Emirates.
“World Liberty presumably always knew who its owners were,” Sun said. “When we asked how this happened, World Liberty refused to tell us.”
Source: Source: Cointelegraph