Justin Sun keeps World Liberty fight public as its $4 billion stablecoin bank awaits final approval

Justin Sun said on Aug. 20 that a California federal judge rejected World Liberty Financial's attempt to force all of his claims into private arbitration, keeping his individual allegations in open court.

The public docket confirms World Liberty filed a motion to compel arbitration and a separate motion to seal case materials.

That news arrives six days after the Office of the Comptroller of the Currency granted preliminary conditional approval for World Liberty Trust Company. The national trust bank is meant to take over issuance of USD1 and its reserve assets.

The approval remains preliminary and conditional, so World Liberty Trust cannot commence operations until it satisfies a list of pre-opening requirements. The OCC explicitly reserved the authority to modify, suspend, or rescind its approval before final authorization if an intervening event warrants it.

The dispute over how World Liberty exercised control over WLFI tokens remains visible in court while regulators still have discretion over whether the bank opens at all.

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