Within days of the pardon of Binance CEO for money laundering, Binance promoted WLF’s $USD1, which is issued on the Binance blockchain.
A UAE state-backed firm used $USD1 to make a $2 billion investment in Binance, a move that potentially generates tens of millions in annual profit for the Trump family.
Even as the White House presses Congress to pass the industry-friendly legislation, the Trump family’s growing crypto businesses are emerging as an unavoidable obstacle after news that an Abu Dhabi royal backed a $500-million investment in a Trump-linked venture called World Liberty Financial.
Bunch of crooks
Trumps World Liberty Financial up to some shadey crypto buisness
byu/Acceptable_Deal_4662 inCryptoCurrency
Posted by Acceptable_Deal_4662
4 Comments
Is this a new realization for you? The second Trump said he was a crypto president I knew this was going to happen
WLFI gives him some extra skin in the game against central banks, on crypto issues. He can compete against central banks.
If investors weren’t investing in WLFI, they’d find other ways to invest in him, like real estate. Not justifying it, I’m just saying I wouldn’t look at this as something entirely special (I had my moment of conspiracy when first discovering WLFI), rather I’d just look at it is a US president making profit – which isn’t necessarily right.
Frankly, I’m just going to look at this as bullish for crypto. UAE is a pretty good government to my *albeit limited* knowledge they’ve been really progressive. If they’re bullish, and the US is bullish, and China is bullish, and Russia is bullish, then I’m bullish. $500 mil investment from a person like that – to me it proves crypto’s legitimacy.
Orange man gaining even more power, is a different discussion.
What rock did you just crawl out from under?
In other news, water is wet.