Crypto India
Crypto India|Oct 23, 2026 11:01
🚨 NEW: 🇺🇸🇦🇪 Trump and World Liberty sued over alleged unconstitutional UAE-linked crypto deals. A Circle shareholder alleges Trump violated the US Constitution’s Foreign Emoluments Clause through two deals: 1. $500 million sale of a 49% stake in World Liberty. 2. $2 billion Binance investment using its USD1 stablecoin. The lawsuit claims the deals benefited Trump financially and gave World Liberty an unfair competitive advantage over Circle. The plaintiff seeks the return of alleged illegal profits and damages. World Liberty denied the allegations, while Circle said it was not involved in the lawsuit. Source: Bloomberg
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