Trump’s Corruption Hits Next Level With Shady $2 Billion Crypto Deal
The Trump family’s cryptocurrency business just got a $2 billion investment from a firm backed by the United Arab Emirates government. The deal is rife with conflicts of interest.
Zach Witkoff—son of Middle East envoy Steve Witkoff and founder of the Trump family’s crypto firm, World Liberty Financial—announced the deal at a conference in Dubai on Thursday. He was accompanied by Eric Trump, who runs his family’s business.
The Emirati firm, MGX, will be using World Liberty Financial’s so-called stablecoin, USD1, to make a deal with Binance, the world’s largest crypto exchange.
“We thank MGX and Binance for their trust in us,” Witkoff said. “It’s only the beginning.”
This is a massive donation from a foreign…
