Circle shareholder sues Trump and WLFI over crypto deal
October 23, 2026, 7:25 AM
A Circle shareholder has filed a lawsuit against U.S. President Donald Trump and World Liberty Financial, alleging Trump improperly benefited from a crypto transaction worth more than $2 billion tied to UAE investor Sheikh Tahnoon, The Block reported.
According to the complaint, the deal inflated the value of Trump’s crypto holdings and violated a provision of the U.S. Constitution that restricts officials from accepting financial benefits from foreign governments.
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