Trump’s Conflicts Take Center Stage
- On May 1, 2025, World Liberty Financial, a crypto firm co-created by the Trump family, announced a $2 billion Emirati-backed investment in Binance at a Dubai conference.
- This event follows the Trump family’s increasing involvement in cryptocurrency, including hosting investor dinners and earlier launches of tokens tied to political and business interests.
- World Liberty’s USD1 stablecoin will facilitate the investment by MGX, a UAE government-backed fund, linking Trump’s crypto ventures with Binance, which pleaded guilty in 2023 to U.S. Money laundering violations.
- The $2 billion deal caused a price surge in the $TRUMP coin and raised questions about conflicts of interest and foreign influence due to the involvement of a foreign government in Trump-affiliated crypto businesses.
- The announcement illustrates the blurred lines between Trump family business and U.S. Policy, highlighting ongoing ethical concerns amid the administration’s regulatory stance on cryptocurrency.
21 Articles
21 Articles
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At a Dubai Conference, Trump’s Conflicts Take Center Stage - Overpasses For America
Sitting in front of a packed auditorium in Dubai, a founder of the Trump family cryptocurrency business made a brief but monumental announcement on Thursday. A fund backed by Abu Dhabi, he said, would be making a $2 billion business deal using the Trump firm’s digital coins. That transaction would be a major contribution by a foreign government to President Trump’s private venture — one that stands to generate hundreds of millions of dollars for…
Trump’s Conflicts Take Center Stage
“Sitting in front of a packed auditorium in Dubai, a founder of the Trump family cryptocurrency business made a brief but monumental announcement on Thursday. A fund backed by Abu Dhabi, he said, would be making a $2 billion business deal using the Trump firm’s digital coins,” the New York Times reports. “That transaction would be a major contribution by a foreign government to President Trump’s private venture — one that stands to generate hund…
The Dubai Conference to Address Trump's Controversies
Addressing a bustling auditorium in Dubai, the founder of the Trump family’s cryptocurrency venture made an impactful announcement on Thursday. The Abu Dhabi-supported fund disclosed plans to utilize Trump company’s digital coins for $2 billion in business dealings. This agreement marks a significant investment from foreign governments into President Trump’s private enterprise, aiming to generate [...] Source The post The Dubai Conference to Add…
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