See: https://www.courtlistener.com/docket/75002506/greenberg-v-trump/
Specifically the 70p complaint, absent attachments, is online in pdf form, here. As other filings are added to the court file they will be listed and some may be posted as pdf items.
The litigation since its filing has been widely reported. For links reporting the litigation, try search = greenberg crypto lawsuit against trump
Crabgrass' first learning of the lawsuit was per MSN reporting, here; with the OaklandPress carrying a non-paywall posting of what apparently was the first report, by Bloomberg.
The Bloomberg item OP carried noted:
Donald Trump and World Liberty Financial, the cryptocurrency venture he co-founded with his sons, were sued by a shareholder in a rival crypto firm over claims the president illegally profited from his office in violation of the U.S. Constitution.
Benjamin Greenberg, a shareholder in Circle Internet Group Inc., claims illegal competition from World Liberty has harmed him and other Circle investors financially.
The suit claims Trump violated the Foreign Emoluments Clause, a provision of the U.S. Constitution that bars presidents from taking payments from foreign governments without the approval of Congress, in two World Liberty transactions with the United Arab Emirates.
“This action is about the President of the United States corruptly profiting from more than $2 billion in payments from a foreign government in direct violation of the Constitution,” Greenberg said in a complaint filed Thursday in federal court in Washington. “No president in American history has profited from his office so brazenly.”
Trump reported $1.4 billion in earnings related to his crypto ventures, including World Liberty, last year. The revelation drew a backlash from Democrats in Congress and has been blamed in part for the failure of the Clarity Act, which was supposed to establish market-structure rules for the crypto industry.
According to Greenberg, the sale of a 49% stake in World Liberty for $500 million to an investment vehicle backed by a member of UAE’s ruling family and the purchase by Abu Dhabi’s MGX fund of World Liberty’s stablecoin to fund a $2 billion transaction were against U.S. law.
Greenberg filed his so-called derivative complaint as an individual Circle shareholder seeking to recover damages on the company’s behalf. He claims shareholders were financially harmed by World Liberty, which competes with Circle in the stablecoin market.
“This lawsuit was filed by an individual shareholder, not by Circle,” a company spokesperson said in response to the suit. “Circle did not initiate, direct, authorize, or participate in the filing.”
A World Liberty spokesperson said the claims are “without merit.”
“World Liberty Financial is compliant with all U.S. laws and regulations,” David Wachsman said in a statement. “No one at World Liberty Financial works for the U.S. government.”
The Justice Department didn’t immediately respond to a request for comment.
The case follows several legal challenges filed against Trump in his first presidential term, which ended in 2021, claiming violations of the Emoluments Clause, and criticism that he improperly profited from the presidency. None of the suits were successful in recovering money from the president, nor forcing him to stop business practices they claimed were unconstitutional.
Trump and his sons co-founded World Liberty months before the 2024 election. The company issued two tokens, WLFI and stablecoin USD1. The stablecoin was used last year by Abu Dhabi’s MGX fund to purchase a $2 billion stake in Binance, the world’s biggest crypto exchange.
The stablecoin currently has a market cap of about $4 billion, per tracker CoinGecko.
World Liberty is already embroiled in a legal battle with billionaire Justin Sun, who accused the company of illegally freezing his WLFI tokens and extortion. World Liberty in turn sued him for defamation.
The suit against Trump and World Liberty seeks an order blocking the president from violating the Foreign Emoluments Clause, as well as disgorgement of illegal profits and unspecified damages.
The case is Greenberg v. Trump, 26-cv-03686, U.S. District Court, District of Columbia (Washington).
©2026 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LL
Crabgrass is unaware of whether Emmer has any substantial crypto investments while being an avid cryoto booster, but whether a portfolio item or not, Emmer does get spending money for the campaign to put out those glossy 8 x 10 mailers which for a while really swung on Trump coat tails but recently fail to mention Trump. Crypto contributions into politics and politicians have been an investment out of that questionable bloc into more traditional politician trading. Or so it seems.
The MSN item adds:
“No president in American history has profited from his office so brazenly,” alleges the federal civil complaint from J. Benjamin Greenberg, a Circle Internet Group shareholder and former employee, according to CNBC. Circle Internet Group is a publicly traded American crypto company that directly competes with World Liberty Financial.
When Nick Pinto saw Trump had launched a meme coin in January 2025, he quickly invested $7,000. He later upped that investment to $480,000 so that he could gain entry to a dinner at Trump’s Virginia club.
The meme coin, however, is down 72% in the last year. With this in mind, a friend of Pinto’s eventually convinced him to sell most of his position in the Trump coin, but Pinto still suffered losses of $250,000.
“This is something that the Trump family kind of came up with out of the blue,” Pinto told Forbes, referring to the advice that his friend, a fellow Trump investor, shared with him. “And there’s not really a way for us to predict the future of the coin or what their plans for it are.”
Trump Media investors aren’t happy either
Trump’s meme coin isn’t the only one of the president’s business ventures that’s struggled, as Trump Media & Technology Group shares have lost about 61% of their value in the past year.
Many of the retail investors who sunk their savings into those ventures — often as a sign of loyalty to Trump — have seen the money vanish right as economic volatility began to spike. And they’re not happy with the president, or the members of his inner circle.
“We’re just poor cattle to them,” Chad Nedohin, who was once the unofficial captain of Trump Media’s shareholders, told Forbes. “He doesn’t care about anyone.”
Nedohin is one of many investors who are vocally criticizing Trump and his business ventures. Another, Vadim Fistikan, invested $205,000 in Trump Media in the days, weeks and months after it went public. He invested the money he and his family had planned to use to buy a waterfront property in Florida.
Today, that investment is worth just $30,000. When he voiced his frustrations on Truth Social, Fistikan (a three-time Trump voter) was lambasted by Trump supporters on the social media site.
“I’m like, ‘Hey, this is a scam,’” he posted, according to Forbes. “And a lot of people were like, ‘No, you’re just a Trump hater.’ I’m like, ‘No. I was on board since day one. … I’m now broke. Pretty much my whole life savings [was] in this one stock. This is the greatest theft, con job he has ever done.”
With files from Chase Kell.
"Hey, this is a scam," is something many thought from the start, and were not putting any of their real money into a fool's errand. I say that, as a Trump skeptic, not a Trump hater. Like, who could hate P.T. Barnum saying a sucker is born every minute.
Emmer is touting crypto, but not taking in anybody's money by selling crypto investments. Surely the Blockchain Caucus membership has helped Tom finance and run campaigns, but he's not activly selling anything beyond his pretty face and political chops, such as each is.