Circle shareholders sue US President Trump and his crypto project World Liberty Financial Circle Internet Group shareholder Joel Greenberg sued US President Trump and his cryptocurrency project World Liberty Financial in US federal court on October 22, accusing them of violating the US Constitution's foreign emolumens clause through two transactions involving the United Arab Emirates. The lawsuit alleges that World Liberty Financial sold a 49% stake for $500 million, with funds coming from the United Arab Emirates; Another transaction involves the UAE investment fund purchasing $2 billion worth of Trump family digital currency. The plaintiff requests the recovery of relevant profits and disclosure of foreign payment information. Greenberg holds 10000 shares of Circle stock and has filed a shareholder derivative lawsuit. (Source: POLITICO)