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Circle Sued by Former Employee Over UAE Crypto Payments
A former Circle employee, J. Benjamin Greenberg, has filed a federal lawsuit accusing President Donald Trump and World Liberty Financial of pocketing more than $2 billion in UAE-linked crypto payments in violation of the U.S. Constitution. The lawsuit alleges that foreign money routed through USD1 left Circle unable to compete, and names U.S. Middle East envoy Steve Witkoff and four related limited liability companies as defendants. Circle has denied involvement in the lawsuit, while World Liberty Financial and its counsel have dismissed the allegations as partisan.