A Circle Internet Group shareholder filed a lawsuit in U.S. federal court against President Trump and World Liberty Financial, the crypto venture co-founded by Trump and his family, alleging violations of the Foreign Emoluments Clause through UAE-linked deals. The complaint claims that before Trump's second term began, he sold a 49% stake in World Liberty Financial for $500 million funded by the UAE, while a separate UAE government investment fund purchased $2 billion worth of the Trump family's digital currency. The lawsuit also names Steve Witkoff, Trump's Middle East envoy, as a defendant. Plaintiffs are seeking to recover payments obtained from the relevant deals, require disclosure of other foreign crypto asset payments received by Trump, and award unspecified damages.