Pak Crypto Deal with Links to Trump, Asim Munir Under Scrutiny in India & US: Report
A recent deal between Pakistan’s barely month-old Crypto Council and US crypto firm World Liberty Financial (WLF) has raised eyebrows in both India and the United States, according to reports. The deal has sparked concerns about potential links to the Trump family and Pakistan’s military chief, Asim Munir.
As per the report, the US President Donald Trump’s sons Eric and Trump Junior, along with his son-in-law Jared Kushner, collectively own 60% of WLF. This has led to speculations about potential conflicts of interest and the motive behind the deal.
The deal, which was signed recently, is reportedly valued at $100 million. The agreement aims to promote blockchain technology and digital currencies in Pakistan, with WLF providing expertise and resources to the country’s Crypto Council.
What raises more concerns is that Pakistan Army chief Asim Munir personally welcomed US officials who came to sign the deal. This has led to questions about the role of the military in the deal and whether it has any bearing on the country’s economic policies.
The report highlights that the deal has sparked concerns in both India and the United States, with many questioning the motives behind it. Some have raised concerns about potential money laundering and terrorism financing risks associated with the deal.
Moreover, the report notes that the deal has also sparked concerns about the regulation of cryptocurrencies in Pakistan. The country has been known to have a relatively lax regulatory environment for cryptocurrencies, which has led to concerns about money laundering and other illegal activities.
The deal has also raised questions about the role of the Pakistan military in the country’s economy. The military has long been a major player in Pakistan’s economy, with many questioning the extent of its involvement in various sectors.
The report notes that the deal has sparked a heated debate in Pakistan, with many calling for greater transparency and accountability in the country’s economic dealings. The opposition parties have also criticized the deal, accusing the government of favoring foreign investors over local entrepreneurs.
In conclusion, the deal between Pakistan’s Crypto Council and WLF has raised significant concerns in both India and the United States. The involvement of the Trump family and Pakistan’s military chief in the deal has sparked questions about potential conflicts of interest and the motives behind it. The deal has also raised concerns about the regulation of cryptocurrencies in Pakistan and the role of the military in the country’s economy.
