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Trump Faces Abu Dhabi Crypto Lawsuit Over $2B USD1 Deal

Trump Faces Abu Dhabi Crypto Lawsuit Over $2B USD1 Deal

Photo: Coindoo

Greenberg v. Trump · No. 26-cv-03686 Key Takeaways Challenged deal: $500 million for 49% stake MGX settled $2 billion Binance investment in USD1 Circle reserve income: 95% of Q2 revenue Binance invested $100 million in Circle in September J. Benjamin Greenberg, a former Circle software engineer, filed the derivative suit in federal court in Washington on October 22, CNBC reported . Two UAE deals, one before the inauguration and one after The complaint targets two transactions tied to Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser.

Source: Coindoo

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