President Donald Trump's emissaries were in attendance at Token 2049 in Dubai's Madinat Jumeirah resort.

With tickets ranging from $500 to $5,000, it was the largest cryptocurrency conference. In its article, the Wall Street Journal described the two-day celebration as “very wild”

A son of former President Donald Trump and a son of a Trump special envoy were among figures in attendance at the Token 2049 cryptocurrency conference in Dubai.

Eric Trump and Zach Witkoff, the son of Trump's special envoy to the Middle East Steve Witkoff, attended the event at the Madinat Jumeirah resort.

Tickets for the largest cryptocurrency conference ranged from $500 to $5,000.

The two-day celebration was "very wild," the Wall Street Journal reported.

At the "Money Rain" event, crypto-printed banknotes floated into the air and huge whale mascots dressed as astronauts were seen waiting in line for lunch.

The VIPs at the festivities were former inmates, but people have forgotten the reason for their detention, the report said.

For instance, supporters flocked to greet Changpeng Zhao, the creator of the Binance exchange, who left a California jail in September.

'Suits emblazoned with the bitcoin symbol'

Meanwhile, Arthur Hayes, who was placed under house imprisonment by a judge for money-laundering offenses, said it was time for the industry to launch an offensive.

"Some wore shimmering silver tuxedos or suits emblazoned with the bitcoin symbol and cyborg sunglasses. They could slingshot across the resort’s canals on a zip line or get their photo taken on a camel draped in a crypto exchange’s logo. Organizers handed out free champagne flutes. Outside, it hit 107 degrees," the report stated.

During his speech on the second day, Eric Trump said he anticipates the cryptocurrency industry to outpace big banks.

Eric and his brother Donald Trump Jr. oversee the family's ownership of World Liberty Financial, a company that Zach Witkoff helped found.

Earlier this month, Abu Dhabi-based DWF Labs said it had bought $25 million worth of World Liberty tokens, making it one of the largest holders.

Eric Trump announced that Bitcoin will be accepted as payment for units in a new proposed tower in Dubai, which the Trump Organization and a premium real estate developer unveiled this week.