Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals
Summary
A shareholder of Circle has filed a lawsuit against the US president, World Liberty, and Steve Witkoff regarding cryptocurrency ventures. The legal action claims that presidential corruption involving USD1 hindered Circle's ability to compete in the stablecoin market and damaged the standing of USDC.
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.
Source: Read the full story at Cointelegraph.com News
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