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Regulation

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

Image: BeInCrypto

Tron founder Justin Sun has asked a US federal court to sanction the Trump family’s World Liberty Financial. He alleges the firm revealed its United Arab Emirates (UAE) ownership only to escape his $45 million fraud case. The case decides whether Sun gets back his frozen WLFI tokens, the coins that give holders a vote in the project. It also tests whether the company can lock any holder’s coins. How World Liberty’s Owner List Grew From 1 to 22 World Liberty’s first court filing on ownership named only itself, a Florida company, according to Sun’s post. Less than a week after an August hearing went partly against the firm, it listed 22 members. Sun says they span Florida, Delaware, Puerto Rico, and the UAE.

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