Justin Sun Accuses Trump-Backed World Liberty of Using UAE Ties to Escape Federal Court

Tron founder Justin Sun said he has asked a federal court to sanction World Liberty Financial, alleging the Trump family-backed venture delayed disclosing UAE ties that could defeat federal jurisdiction over his lawsuit.

The top 3

1. Jurisdictional Disputes and Corporate Citizenship: The conflict centers on 'diversity jurisdiction,' which requires parties to be from different jurisdictions to be heard in U.S. federal court. Sun argues that by belatedly identifying 22 owners—including some in the UAE—World Liberty Financial is attempting to retroactively claim it is a 'foreign' entity to force the case out of federal court after failing to push it into private arbitration.
2. The $264K Sanctions Request: Sun is seeking $263,821.20 in legal fees from World Liberty Financial and its attorneys, claiming they acted in bad faith by initially representing the company as solely a Florida entity. This request specifically covers legal costs incurred while opposing the company's previous attempts to move the case into arbitration, prior to the jurisdictional pivot involving the UAE.

Sources

• Cointelegraph
• Decrypt
• CoinDesk
• The Block

Open the full topic