Justin Sun has moved to sanction World Liberty Financial, alleging it failed to disclose until months into his lawsuit that it holds UAE citizenship.
Sun says WLFI first listed only Florida citizenship, then amended its disclosure to name 22 members across Florida, Delaware, Puerto Rico and the UAE, and now argues the federal court lacks jurisdiction over the case.
Sun, who invested $45M in WLFI and sued in April over alleged fraud and frozen tokens, says he will re file in California state court once the sanctions motion is resolved.
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Sun says WLFI first listed only Florida citizenship, then amended its disclosure to name 22 members across Florida, Delaware, Puerto Rico and the UAE, and now argues the federal court lacks jurisdiction over the case.
Sun, who invested $45M in WLFI and sued in April over alleged fraud and frozen tokens, says he will re file in California state court once the sanctions motion is resolved.
#USMidtermElections
#Write2Earn
$AGT
$IDOL
