Trump Crypto Empire Faces Fresh Heat: Justin Sun Seeks WLFI Sanctions

Justin Sun, a holder of World Liberty Financial's WLFI token, moved on Nov. 3, 2026, to sanction the Trump-linked crypto project, seeking $264,000 in legal fees and costs over its alleged failure to disclose UAE ownership ties until months into litigation. Sun invested $45 million in WLFI before the relationship deteriorated and sued in April, accusing the company of fraud and unlawfully freezing his tokens; World Liberty countersued. The company initially identified Florida as its sole citizenship in federal court, then amended its filing to list 22 entities with citizenship across Florida, Delaware, Puerto Rico and the UAE. The court has not determined whether it intentionally concealed the ties. Republicans lost Congress in the 2026 midterms, giving Democrats subpoena power.