Good morning and happy Saturday everyone! Hope you all have a great weekend ahead. 🌅
Here's a quick update to start the day.
Case update: Justin Sun vs World Liberty Financial
Justin Sun invested $45 million in World Liberty Financial in exchange for WLFI tokens. He later filed a lawsuit alleging that the company had built a system capable of freezing or restricting token holders' assets without their knowledge, and claims that this system was used against his own holdings.
In the latest development, a US federal court rejected World Liberty's request to move the case into closed-door arbitration proceedings. The judge ruled that Justin Sun's individual claims will remain in open court where the public can follow the proceedings.
The case is still ongoing. All allegations mentioned above remain unproven claims and have not yet been established by the court.
Here's a quick update to start the day.
Case update: Justin Sun vs World Liberty Financial
Justin Sun invested $45 million in World Liberty Financial in exchange for WLFI tokens. He later filed a lawsuit alleging that the company had built a system capable of freezing or restricting token holders' assets without their knowledge, and claims that this system was used against his own holdings.
In the latest development, a US federal court rejected World Liberty's request to move the case into closed-door arbitration proceedings. The judge ruled that Justin Sun's individual claims will remain in open court where the public can follow the proceedings.
The case is still ongoing. All allegations mentioned above remain unproven claims and have not yet been established by the court.
