Eric Trump hails UAE crypto leadership as Witkoff investment sparks US ethics debate
At the Bitcoin MENA conference on Tuesday in Abu Dhabi, Eric Trump, the executive vice president of the Trump Organization and son of US President-elect Donald Trump, praised the United Arab Emirates for its leadership in blockchain innovation and confirmed that World Liberty Financial Inc.—a crypto venture founded two months before November’s US election with the former and future president as a financial beneficiary—has secured a $30 million investment from the Tron crypto platform.
While Tron’s supporters say its technology is cheaper and more flexible than established networks, Israeli and US authorities say it has facilitated transfers tied to groups designated as terrorist organizations, raising questions about ethics and…
