A Middle Eastern Firm Is Making a $2 Billion Investment Using Trump’s Crypto
The Trump family’s cryptocurrency venture World Liberty Financial announced Thursday that its stablecoin will be used to complete a $2 billion transaction between MGX, an investment firm owned by the government of Abu Dhabi, and cryptocurrency exchange Binance. You really can’t even begin to count just how many conflicts of interest are taking place in the above sentence, but we’ll try.
Let’s start with the announcement, which took place at Token2049, a massive cryptocurrency conference held in the United Arab Emirates. The announcement was made on stage Thursday by Zach Witkoff, one of the co-founders of World Liberty Financial, alongside Eric Trump and Donald Trump, Jr. Witkoff is…
