Trump And World LibertyFi Face Fresh Legal Challenge
J. Benjamin Greenberg, a Circle shareholder and former software engineer, has sued Donald Trump (
@realDonaldTrump) and World Liberty Financial (
@worldlibertyfi) $WLFI, over a $2 billion investment in Binance (
@binance) by an Abu Dhabi fund.
The fund used World Liberty’s ethereum:0x8d0d000ee44948fc98c9b98a4fa4921476f08b0d stablecoin to settle the payment, according to the complaint. The suit alleges the wider deals improperly benefited Trump.
Circle says it did not initiate, direct or participate in the lawsuit.
The White House and World Liberty have rejected the allegations, CNBC reports.