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Story summary
- Richard Stengel warned that President Donald Trump could face lawsuits from one million investors who lost $3.81 billion on the “TRUMP” cryptocurrency token.
- The Supreme Court’s 2024 ruling grants Trump immunity for official acts but leaves non-official conduct, the crypto scheme, unprotected.
- Stengel cited a $400 million United Arab Emirates (UAE) purchase of Trump’s meme-coin and alleged Emoluments Clause violations, while Trump’s disclosures show wealth rose $2.2 billion in his first year back.
