Trump Says He Knows 'Nothing' About World Liberty's UAE Ties as Justin Sun Challenges Filings
President Donald Trump confirmed he co-owns World Liberty Financial but said he knows 'nothing' about the crypto venture's reported UAE ownership ties, which could complicate Justin Sun's federal lawsuit over frozen WLFI tokens. Sun is challenging court filings in the dispute, raising questions about disclosure and foreign investment in a Trump-affiliated crypto project.
President Donald Trump confirmed that he co-owns World Liberty Financial but said he knows 'nothing' about the crypto project's reported ownership ties to the United Arab Emirates, comments that come as investor Justin Sun challenges filings in his federal lawsuit over frozen WLFI tokens. The remarks, reported by CoinDesk, place the president's business interests and a high-profile crypto legal dispute in the same spotlight.
World Liberty Financial is a Trump-affiliated decentralized finance venture whose WLFI token sales drew scrutiny over governance and disclosure. Sun, the Tron founder and a major WLFI investor, sued after his tokens were frozen, and he is now contesting filings in that case. Trump's confirmation of co-ownership, paired with his denial of knowledge about UAE-linked ownership, raises questions about what investors and courts have been told regarding the project's cap table and foreign participation.
The dispute could affect how the lawsuit proceeds and whether additional disclosure is ordered, while drawing fresh attention to foreign investment in Trump-connected crypto ventures. Neither World Liberty nor representatives for Sun have detailed the substance of the challenged filings, and it was not immediately clear what specific UAE ownership arrangements are at issue. Observers will watch for court responses and any clarification from the company on its ownership structure.
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