Mmastodon BusinessCrypto first seen 19 h ago, last 18 h ago, peak #7
Lawsuit alleges Trump profited from foreign crypto deals
Original: Did President Trump illegally profit from foreign crypto deals? Luke Fountain and Kevin Breuninger report on a lawsuit a
A lawsuit filed by a shareholder of crypto firm Circle alleges that World Liberty Financial's deals linked to the United Arab Emirates allowed President Trump to profit from foreign interests, violating the Foreign Emoluments Clause, the constitutional provision barring presidents from accepting benefits from foreign governments. Reporters Luke Fountain and Kevin Breuninger covered the claim. The suit raises fresh questions over the overlap between Trump's family crypto ventures and his presidency.
Why now: The lawsuit is new and touches on the politically charged intersection of Trump's crypto business and constitutional conflict-of-interest rules.
Donald TrumpCircleWorld Liberty FinancialUnited Arab Emirates
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Evidence
- Did President Trump illegally profit from foreign crypto deals? Luke Fountain and Kevin Breuninger report on a lawsuit alleging that a Circle shareholder claims UAE-linked World Liberty deals violated the Foreign Emoluments Clause, a constitutional check designed to prevent… · whatyoumissed@mastodon.vtip.me
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