POPA ReconCircle Shareholder Sues Trump and World Liberty Over UAE-Linked Deals, Alleging Unconstitutional Profits
Circle Shareholder Sues Trump and World Liberty Over UAE-Linked Deals, Alleging Unconstitutional Profits According to Bloomberg, a Circle shareholder has sued President Donald Trump and World Liberty Financial, alleging that Trump violated the U.S. Constitution’s Foreign Emoluments Clause through two UAE-linked transactions: the $500 million sale of a 49% stake in World Liberty and a $2 billion Binance investment funded using its USD1 stablecoin. The plaintiff claims the deals harmed Circle investors through unfair competition and seeks the return of alleged illegal profits and damages. Circl…
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