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Justin Sun demands court sanctions over Trump-linked World Liberty Financial’s hidden UAE owners

By Oluwapelumi Adejumo

Justin Sun accused the President Donald Trump-backed crypto firm World Liberty Financial of concealing UAE citizenship to escape his federal lawsuit. The Tron founder said on Nov. 3 that his lawyers had requested sanctions against World Liberty Financial and its attorneys after the company disclosed foreign ownership…

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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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