Conflicts of Interest
A member of Abu Dhabi's royal family acquired a significant stake in the Trump family's cryptocurrency venture, World Liberty Financial, for $187 million. This investment coincided with a reversal in U.S. policy allowing the transfer of advanced AI chips to the emirate's firm, G42. The deal has raised concerns about potential conflicts of interest in the Trump administration.
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Crypto.com faced a federal investigation under President Biden, but the probe ended after Donald Trump's 2024 election victory. The company then donated millions to Trump-linked groups and formed a $1 billion venture with Trump's social media firm. Legal experts highlight this as a potential conflict of interest in Trump's second term.
October 18, 2025 00:12