Circle shareholder sues Trump over UAE crypto deals, citing up to $82 million in potential annual revenue

A Circle shareholder has sued President Donald Trump, alleging that cryptocurrency payments linked to the United Arab Emirates enriched Trump’s family. The complaint was filed on Oct. 22 in a Washington federal court. It challenges a $500 million investment in Trump’s World Liberty Financial and a separate $2 billion transaction that was settled using its USD1 stablecoin. The complaint also alleges that the UAE-linked cryptocurrency payments diverted business from USDC.