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Justin Sun seeks sanctions against World Liberty Financial over UAE disclosure

By Rony Roy

Tron founder Justin Sun has sought court sanctions against World Liberty Financial and its lawyers, accusing the Trump family-backed crypto company of withholding information about its UAE citizenship for months during their ongoing legal dispute. In a November 3 statement…

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Sanctions

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

Sanctions are used to pressure governments without military action, with costs for both sides.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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