Trump Family Crypto Firm World Liberty Financial (WLFl) Announces $2 Billion Deal with Binance

This week in front of a Dubai audience, Zach Witkoff, co-founder of the Trump family crypto firm World Liberty Financial (WLFl), announced an ethically-nightmarish $2 billion deal between WLFl and United Arab Emirates-backed investment firm MGX and Binance

A Dubai audience this week witnessed the announcement of a nightmarish $2 billion deal between Trump family crypto firm World Liberty Financial (WLFl) and United Arab Emirates-backed investment firm MGX and Binance, with virtually every detail containing a conflict of interest. In attendance was Chinese crypto billionaire, alleged fraudster, and possible top $TRUMP coin holder Justin Sun.

The deal drew scrutiny from government watchdog Accountable.US, who called it a cause for renewed concern over the conflicts of interest involving Zach’s father, Steve Witkoff, President Trump’s billionaire Special Envoy to the Middle East and one of Trump’s closest and most constant friends. Steve Witkoff also co-founded World Liberty Financial Inc. (WLFI) alongside the Trump family, which launched controversial meme coins just days before Trump’s inauguration — just one of many of the Trump family’s sprawling, unprecedented crypto ventures that have sounded alarms with ethics experts over their potential for facilitating corruption, foreign influence, and special favors for corporate and bad actors. When he joined the Trump administration, Witkoff kept his holdings close, transferring them to his sons.

An Accountable.US Review Spotlights What You Need to Know About Steve Witkoff:

“An administration’s official envoy to the Middle East should never be the middleman in the President’s personal overseas business dealings—especially with convicted financial fraudsters—but here we are,” said Accountable.US Executive Director Tony Carrk. “It is not normal that Donald Trump’s sons and the son of his billionaire special envoy and crypto venture business partner are hatching murky personal business deals backed by the United Arab Emirates who want who knows what in return. What interests of the American people are being used as a bargaining chip? The President continues to test the limits of what his allies in Congress are willing to go along with when it comes to corruption and leveraging the office to gobble up new riches for his family around the globe.”