Pak crypto deal with links to Trump, Asim Munir under scrutiny in India & US: Report
A 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. The agreement, which was signed recently, has come under the scanner due to its alleged connections to the Trump family and Pakistan’s army chief, Asim Munir.
According to reports, 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 concerns about the potential conflicts of interest and the motives behind the deal.
Notably, Pakistan Army chief Asim Munir personally welcomed US officials who came to sign the deal, sparking questions about the extent of his involvement in the agreement. Munir’s role in the deal has raised suspicions about the potential influence of the Pakistani military on the country’s crypto regulations.
The deal itself appears to be a significant one, with WLF investing $100 million in Pakistan’s Crypto Council. The investment is expected to help the Pakistani crypto industry grow and develop, but the connections to the Trump family and Asim Munir have raised concerns about the potential impact on the country’s economy and national security.
In India, the deal has been met with skepticism, with many questioning the motivations behind the agreement. Some have expressed concerns that the deal could be a way for the Trump family to cash in on Pakistan’s growing crypto market, while others have raised questions about the potential risks to India’s own crypto industry.
In the US, the deal has also been met with scrutiny, with some lawmakers calling for an investigation into the agreement. The potential conflicts of interest and the involvement of the Trump family have raised concerns about the potential influence of foreign governments on US crypto regulations.
The deal has also raised questions about the role of the Pakistani military in the country’s crypto regulations. Asim Munir’s involvement in the deal has sparked concerns about the potential influence of the military on the country’s economic policies.
Pakistan’s Crypto Council, which was established just last month, has been tasked with promoting the growth and development of the country’s crypto industry. The council is expected to work closely with the Pakistani government to create a favorable regulatory environment for crypto businesses.
However, the involvement of WLF and the Trump family has raised questions about the potential influence of foreign governments on Pakistan’s crypto regulations. Some have expressed concerns that the deal could be a way for the Trump family to exert influence over Pakistan’s economic policies, potentially to the detriment of the country’s own interests.
In conclusion, the deal between Pakistan’s Crypto Council and WLF has raised significant concerns in both India and the US. The connections to the Trump family and Asim Munir have sparked questions about the potential conflicts of interest and the motives behind the agreement. As the crypto industry continues to grow and develop, it is essential that regulatory bodies and governments take a closer look at these types of deals to ensure that they are in the best interests of the country and its citizens.
