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Trump Humiliated in Bombshell Crypto Lawsuit

Business - Latest - Google News·4 days ago
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Donald Trump was sued Thursday by a cryptocurrency company that claims he violated the Constitution by profiting from deals with a United Arab Emirates official while in office.

Filed in the U.S. District Court for the District of Columbia, the lawsuit names the 80-year-old president, his longtime friend and special envoy Steve Witkoff, and World Liberty Financial, the crypto venture co-founded by Trump's family, accusing them of "corruptly profiting" from more than $2 billion in deals.

"No president in American history has profited from his office so brazenly," said the lawsuit, filed by a shareholder of Circle Internet Group.

Donald Trump and his sons / Brendan McDermid/Reuters

"The President himself has openly admitted that the lack of consequences emboldens him, not only to continue using his high office to enrich himself, but to expand the fortune he is extracting from the trust the American people placed in him."

The plaintiff is Joel Greenberg, a shareholder in Circle, a publicly traded crypto…

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