Lawsuit Alleges Trump Crypto Firm Profited From $2 Billion UAE-Linked Deal

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A lawsuit has been filed against a cryptocurrency company associated with Donald Trump over alleged profits from a roughly $2 billion deal linked to the United Arab Emirates. The plaintiffs contend that Trump violated the Foreign Emoluments Clause of the US Constitution. That provision prohibits sitting presidents from accepting payments or benefits from foreign governments without congressional consent. The complaint centers on whether the deal's proceeds amounted to such improper foreign payments. The case raises renewed questions about conflicts of interest involving the president's business ventures.

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