Crypto: $2 Billion Binance Deal Comes Back to Haunt Trump
Image: Cointribune
Donald Trump and World Liberty Financial face a new lawsuit concerning their crypto activities. J. Benjamin Greenberg, a shareholder of Circle, claims that two crypto operations linked to the United Arab Emirates allowed the president and his companies to illegally benefit from foreign payments. The contested transactions represent 2.5 billion dollars: 500 million for 49% of World Liberty and 2 billion invested in Binance via the stablecoin USD1. The lawsuit was filed Thursday before a federal court in Washington. J. Benjamin Greenberg, a shareholder of Circle and former employee of the company, is suing Donald Trump, World Liberty Financial, multiple affiliated companies as well as Steve Witkoff, the U.S. special envoy to the Middle East. The first crypto deal was already known.
Read the full story on CointribuneBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cointribune.
