The lawsuit filed Thursday says Trump and his family's crypto company were "corruptly profiting" off more than $2 billion in digital currency-related deals.
It says an entity backed by Tahnoon agreed to buy a 49% stake in World Liberty for $500 million before Trump's January 2025 inauguration.
CNBC reports Trump disclosed more than $1.4 billion in crypto income in his 2025 annual financial disclosure, including nearly $800 million tied to World Liberty.