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Trump Sued Over Alleged Foreign Emoluments via Crypto Deals
By Drooid · · How we work
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Story summary
- U.S. President Donald Trump is sued in federal court for allegedly profiting from foreign emoluments through crypto deals.
- Shareholder J. Benjamin Greenberg, a former Circle employee, filed the complaint in Washington’s U.S. District Court.
- The suit alleges a $500 million, 49% stake sale to Sheikh Tahnoon bin Zayed Al Nahyan before Trump’s Jan 2025 inauguration.
- White House spokesperson Anna Kelly called the lawsuit frivolous and said there are no conflicts of interest.