A Middle Eastern Firm Is Making a $2 Billion Investment Using Trump’s Crypto

The Trump family's cryptocurrency venture, World Liberty Financial, announced a $2 billion transaction between MGX and Binance, involving several conflicts of interest, including Eric Trump, Donald Trump Jr., Zach Witkoff, Steve Witkoff, and Justin Sun. The deal was made at a major crypto conference in the UAE, where Sheikh Tahnoon bin Zayed Al Nahyan, a Trump ally, met with President Trump. MGX chairs were involved in building a Trump hotel in Dubai, while Binance faces SEC scrutiny for manipulation. Justin Sun, whose TRON bought after the election, received Trump's support to halt the SEC case. The transaction is criticized for its complexity of conflicts of interest.