Deals with United Arab Emirates Draw Scrutiny

Report shines a light on the Trump family’s crypto dealings with the UAE

Plus, Apple appears to have acquiesced to Trump yet again, Elizabeth Warren is worried about xAI, and more — all in this week’s Tuesday Tech Drop.

‘Incredible Corruption’: Blockbuster Report on Trump Crypto Grift Leaves Observers Stunned

The New York Times described how the UAE got a real solid from Trump after a monster investment in Trump's family crypto venture.

Deals with United Arab Emirates Draw Scrutiny

New York Times: “At the heart of their relationship are two multibillion-dollar deals. One involved a crypto company founded by the Witkoff and the Trump families that benefited both financially. The other involved a sale of valuable computer chips that benefited the Emirates economically.” “While there is no evidence that one deal was explicitly offered in return for the other, the confluence of the two agreements is itself extraordinary. Taken…

Warren Warns of National Security Risk in Trump’s UAE Deals

Warren slams Trump’s UAE crypto and AI deals as corruption, warning of security risks and blurred government-business lines.

Anatomy of Two Giant Deals: The U.A.E. Got Chips. The Trump Team Got Crypto Riches.

A lucrative transaction involving the Trump family’s cryptocurrency firm and an agreement giving the Emiratis access to A.I. chips were connected in ways that have not been previously reported. This summer, Steve Witkoff, President Trump’s Middle East envoy, paid...