#Trump, through an entity called DT Marks DEFI LLC, effectively controls a large stake in #WorldLibertyFinancial, which generated $57 million for him just as the company was starting up, acc/to his financial disclosure report last year. Revenues from the company are also shared with #ZachWitkoff, the son of #SteveWitkoff, who is Trump’s #MiddleEast envoy, among other partners.
That maneuver alone turned #WorldLibertyFinancial into one of the world’s largest issuers of #stablecoin — a type of #cryptocurrency that maintains a price of $1. The deal was poised to generate tens of millions of dollars a year in revenue for World Liberty [ #Trump].
#compromised #FARA #law #emoluments #ForeignPolicy #UAE #MiddleEast
#Trump, through an entity called DT Marks DEFI LLC, effectively controls a large stake in #WorldLibertyFinancial, which generated $57 million for him just as the company was starting up, acc/to his financial disclosure report last year. Revenues from the company are also shared with #ZachWitkoff, the son of #SteveWitkoff, who is Trump’s #MiddleEast envoy, among other partners.