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The Economic Times

Global Business / The Economic Times

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US probes Reid Hoffman group over funding lawsuits against Trump, source says

The US Justice Department is investigating a group linked to billionaire Reid Hoffman. This group partially funded E. Jean Carroll's lawsuits against Donald Trump. The probe focuses on potential money laundering and obstruction. Carroll won two defamation and sexual abuse lawsuits against Trump. Hoffman denies any wrongdoing, calling the accusation absurd.

30 May 2026 10:53 am