Tron founder Justin Sun and two co-plaintiffs are seeking $263,821.20 in sanctions against World Liberty Financial and its lawyers. They allege the company submitted a misleading ownership disclosure in a federal court dispute over Sun’s $45 million WLFI token investment. The request covers four attorneys’ fees for opposing arbitration, not other lawyers’ fees or costs tied to jurisdictional discovery and the sanctions motion.
The plaintiffs say World Liberty first listed Florida as its sole citizenship, then amended its disclosure nearly three months later to identify 22 people and entities in its ownership chain, including in the United Arab Emirates. World Liberty’s lawyers argue that its UAE citizenship leaves the federal court without jurisdiction because foreign parties are on both sides of the case. A company lawyer said his team had recently learned of additional citizenship information but maintained that World Liberty already had UAE citizenship when Sun sued. World Liberty did not immediately respond to a request for comment.
