Justin Sun demands court sanctions over Trump-linked World Liberty Financial’s hidden UAE owners

Justin Sun accused the President Donald Trump-backed crypto firm World Liberty Financial of concealing UAE citizenship to escape his federal lawsuit.The Tron founder said on Nov. 3 that his lawyers had requested sanctions against World Liberty Financial and its attorneys after the company disclosed foreign ownership connections months into litigation over his $45 million investment.The disclosure introduced another controversy surrounding the president's cryptocurrency business, which has promoted itself as an American financial venture despite a reported $500 million investment from an Abu Dhabi-backed entity tied to a senior UAE government official.Sun accused World Liberty of selectively invoking its national identity depending on whether it was raising money or defending itself in court.He wrote on X:“World Liberty was proudly American when it was selling tokens. It discovered its UAE roots only when it needed a way out of an American federal courtroom.”The accusation followed an August court filing in which World Liberty expanded its ownership disclosure from one entity to 22, identifying citizenship in Florida, Delaware, Puerto Rico and the UAE.Sun alleged the company initial...