Trump Deals With Crypto Billionaire May Violate Emoluments Clause
One of the many ways that Donald Trump‘s first presidential term was unprecedented is that his brazen self-dealing triggered multiple federal lawsuits alleging violations of the Emoluments Clause, or the provision of the U.S. Constitution that bars federal officials from accepting money and gifts from both foreign and domestic actors. But two of those suits were dismissed after Trump lost the 2020 election, while a third was dismissed by the Supreme Court, overturning lower court rulings that let the case against Trump proceed.
In the opening months of his second term, Trump has been more aggressive than ever about cashing in on his powerful position, particularly in the cryptocurrency space. And new research from the…