Pak Crypto Deal with Links to Trump, Asim Munir under Scrutiny in India & US: Report
In a recent development, a deal between Pakistan’s Crypto Council and US-based World Liberty Financial (WLF) has come under scrutiny in both India and the United States. The controversy surrounding this deal has sparked concerns about potential conflicts of interest, with links to US President Donald Trump’s family and Pakistan’s Army Chief Asim Munir at its center.
The Pakistani Crypto Council, which was established just a month ago, signed a deal with WLF to promote digital currencies in the country. However, what has raised eyebrows is the fact that Trump’s sons, Eric and Trump Junior, and son-in-law Jared Kushner, collectively own 60% of WLF.
The deal has been met with skepticism not only in India but also in the United States, with many questioning the motives behind the partnership. The fact that Pakistan Army Chief Asim Munir was personally present to welcome US officials who came to sign the deal has added to the controversy.
The deal has sparked concerns about potential conflicts of interest, with some questioning whether the Trump family’s involvement in WLF could influence the Pakistani government’s decision-making process. The Trump family’s ties to the Pakistani government, particularly with regards to the US-Pakistan relationship, have been a subject of controversy in the past.
Pakistan’s Crypto Council, which was established to promote the use of digital currencies in the country, has been criticized for its close ties to the Pakistani government. The council’s chairman, who is also a close aide to Pakistan’s Prime Minister Imran Khan, has been accused of using his position to promote the interests of the Pakistani government rather than those of the digital currency community.
The deal with WLF has also raised concerns about the potential for money laundering and other financial irregularities. WLF, which is a relatively new company, has been accused of having ties to the Pakistani government and using its platform to launder money and facilitate illegal transactions.
The controversy surrounding the deal has also led to calls for greater transparency and accountability in the Pakistani government’s dealings with foreign companies. Many have called for the Pakistani government to disclose more information about the deal, including the terms and conditions of the agreement, and to ensure that the deal does not compromise the country’s financial stability.
In conclusion, the deal between Pakistan’s Crypto Council and WLF has raised concerns about potential conflicts of interest, money laundering, and financial irregularities. The involvement of Trump’s family in WLF has added to the controversy, with many questioning whether the deal is in the best interests of Pakistan and its citizens. As the controversy surrounding the deal continues to unfold, it remains to be seen how the Pakistani government will respond to the concerns raised about the deal.
