According to Decrypt, Tron founder Justin Sun has asked a federal court to sanction World Liberty Financial for allegedly delaying the disclosure of United Arab Emirates ties that could have prevented federal jurisdiction from applying to his lawsuit. Sun claims the venture, described as Trump-backed, failed to disclose these connections in relevant filings. The request seeks sanctions under federal civil procedure rules due to the nondisclosure and potential impact on court authority.
World Liberty Financial is identified as a financial entity linked to the Trump family through backing or support from members of the Trump organization. Sun’s filing indicates that if the UAE ties had been disclosed at the time, the federal court might not have had jurisdiction over the matter. The delay in disclosure, according to Sun, was material and affected procedural fairness.
Sun did not specify dates for when the UAE connection should have been revealed or how long it remained undisclosed. The request for sanctions is part of an ongoing legal action involving World Liberty Financial; no details about the nature of the lawsuit beyond jurisdictional concerns are included. The federal court has not yet ruled on the motion.
