A lawsuit was filed in federal court in Washington on October 22, 2026, against US President Donald Trump, his family’s crypto company World Liberty Financial, and US Special Envoy to the Middle East Steve Witkoff. The plaintiff alleges that the defendants unlawfully profited from cryptocurrency transactions involving representatives of the United Arab Emirates, CNBC reports.
Nature of the claims
The lawsuit was filed by Circle Internet Group shareholder and former company employee Jay Benjamin Greenberg. According to court filings, he brought it derivatively on behalf of Circle, a competitor of World Liberty Financial. Circle told CNBC…
