CryptoHypeBuster

Justin Sun Says Trump's ‘Proudly American' Crypto Firm Claimed UAE Roots to Exit US Court

BeInCrypto · Tue, 03 Nov 2026 18:00:00 GMT

Hype 32/100 · Market impact 85/100 · Breaking 65/100

Justin Sun, founder of Tron, asked a US federal court to sanction World Liberty Financial, alleging the Trump family-linked crypto firm disclosed UAE ownership to avoid his $45 million fraud case. Sun sued in April over a frozen wallet holding about 2.9 billion WLFI tokens, then worth roughly $150 million; the case will decide whether the tokens are returned and whether World Liberty can lock holders' coins. World Liberty's first ownership filing named only a Florida company, but after an August hearing went partly against it, the firm listed 22 owners across Florida, Delaware, Puerto Rico and the UAE. Sun says foreign ownership could remove federal jurisdiction. World Liberty has called the freeze routine and sued Sun for defamation.

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