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Trump and World Liberty Financial sued over alleged "public corruption" in crypto deals with the United Arab Emirates

FinanceInternationalPrensa Latina40 s readAI summary
Image: Prensa Latina

J. Benjamin Greenberg, a shareholder of Circle Internet Group, sued Donald Trump and cryptocurrency company World Liberty Financial in a federal district court in Washington. The suit challenges transactions between the company tied to the president and entities in the United Arab Emirates, including deals linked to Sheikh Tahnoon bin Zayed Al Nahyan, and alleges a violation of the Constitution's foreign emoluments clause. Greenberg asks the court to rule on whether Trump's earnings breach that clause and to order the return of any profits deemed illegal.

In 40 seconds

  • A Circle Internet Group shareholder sued Trump and World Liberty Financial in a federal court in Washington
  • The suit alleges crypto deals with United Arab Emirates entities violated the Constitution's foreign emoluments clause
  • An entity backed by Sheikh Tahnoon bin Zayed agreed to pay $500 million for 49% of World Liberty
Read the full story at Prensa Latina

IASummary generated by artificial intelligence from a story by Prensa Latina. It may contain errors: the original source prevails.

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