Donald Trump said he was unaware of the $500 million deal between Abu Dhabi and the cryptocurrency project WLFI. Continue Reading: Donald Trump Speaks About SecretDonald Trump said he was unaware of the $500 million deal between Abu Dhabi and the cryptocurrency project WLFI. Continue Reading: Donald Trump Speaks About Secret

Donald Trump Speaks About Secret Deal Between Altcoins and a Company Managing $1 Trillion!

2 min read

US President Donald Trump and his cryptocurrency project World Liberty Financial continue to be in the spotlight.

Most recently, Trump and World Liberty Financial (WLFI) made headlines with allegations of a secret deal with the Abu Dhabi Sheikh’s company, which manages $1 trillion.

At this point, it emerged that a major deal was signed over the weekend between Donald Trump’s altcoin project WLFI and Sheikh Tahnoon bin Zayed Al Nahyan of the Abu Dhabi royal family.

According to the WSJ, Sheikh Tahnoon bin Zayed Al Nahyan signed an agreement to purchase a 49 percent stake in World Liberty Financial four days before Trump took office. The deal, according to the report, was made between Tahnoon’s representatives and Eric Trump.

However, Donald Trump said he was unaware of the $500 million deal between a member of the Abu Dhabi royal family and World Liberty Financial.

When asked about his role in the deal while answering reporters’ questions on Monday, Trump said his sons handle such decisions: “I don’t know about it. My sons and my family are handling it. I think they’re getting investment from different people.”

Trump’s statement comes after previous reports that Aryam Investment, a company backed by Abu Dhabi royal family member and National Security Advisor Sheikh Tahnoon, acquired a 49% stake in the project last year for $500 million.

According to the WSJ, the deal was worth a total of $500 million, with half paid upfront. Of the initial $250 million, $187 million went to organizations controlled by the Trump family, and at least $31 million went to organizations linked to the family of Steve Witkoff, the project’s co-founder and later the U.S. Special Envoy for the Middle East.

The report also stated that following the agreement, the US approved the sale of hundreds of thousands of advanced Nvidia AI chips to the UAE, some of which were for G42, an AI company run by Sheikh Tahnoon.

In response, some members of the U.S. Congress have expressed concerns about potential conflicts of interest and corruption.

*This is not investment advice.

Continue Reading: Donald Trump Speaks About Secret Deal Between Altcoins and a Company Managing $1 Trillion!

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