World Liberty Financial disclosed UAE-linked entities in its court fight with Justin Sun, while Donald Trump said in a CBS 60 Minutes interview that he knows nothing about the UAE investment. Trump confirmed he is a co-owner of World Liberty but said his sons run the business, answering questions about foreign investors buying influence with "I don't know" and "Because I know nothing about it," per Yahoo, The Block and CoinDesk.
Sun sued World Liberty in April over alleged fraud and freezing of his WLFI, World Liberty countersued in May, and the fight is now over which court can hear the case. Sun says the company first listed only Florida for jurisdiction, then after an August hearing filed an amended disclosure listing 22 entities in the ownership chain tied to Florida, Delaware, Puerto Rico and the UAE, a point that can affect federal jurisdiction when foreign members are involved, per BredoStrategy.
Sun is seeking procedural sanctions against World Liberty and its lawyers for the late disclosure, arguing it called itself an American company when selling tokens and found its UAE roots only to leave US federal court, and plans to refile in California state court after sanctions are decided. No sanctions ruling is reported, so this remains Sun's position rather than a court finding of abuse, per BredoStrategy.
The UAE link is reported as an approximately $500M deal for 49% of World Liberty with a structure linked to UAE national security adviser Sheikh Tahnoon bin Zayed Al Nahyan. WLFI traded at $0.04709 with about $1.50B market cap, $4.71B FDV and $28.59M in 24h volume on Nov 9, per CoinGecko.