Pak crypto deal with links to Trump, Asim Munir under scrutiny in India & US: Report
In a recent development that has sent shockwaves across the globe, a deal between Pakistan’s barely month-old Crypto Council and US crypto firm World Liberty Financial (WLF) has come under intense scrutiny in India and the United States. The deal, which was signed in the presence of Pakistan Army chief Asim Munir, has raised several eyebrows due to its alleged links to President Donald Trump’s family members.
According to a report by NDTV, US President Donald Trump’s sons Eric and Trump Junior, along with his son-in-law Jared Kushner, collectively own 60% of WLF. This raises concerns about potential conflicts of interest and the potential misuse of the deal for personal gain.
The deal between Pakistan’s Crypto Council and WLF was signed in a grand ceremony in Islamabad, which was attended by several high-ranking officials, including Pakistan Army chief Asim Munir. Munir personally welcomed the US officials who came to sign the deal, sparking concerns about the potential implications of the deal on Pakistan’s national security.
The deal is reportedly worth millions of dollars and aims to promote the growth of the crypto industry in Pakistan. However, experts are questioning the motivations behind the deal and the potential benefits it may bring to Pakistan.
One of the main concerns is the lack of transparency surrounding the deal. Pakistan’s Crypto Council has not released any details about the terms and conditions of the deal, sparking concerns about potential corruption and misuse of funds.
Another concern is the potential impact of the deal on Pakistan’s national security. With WLF being owned by Trump’s family members, there are fears that the deal may be used to spy on or manipulate Pakistan’s financial systems.
The deal has also raised questions about the legitimacy of Pakistan’s Crypto Council. The council was established just a month ago, and experts are questioning its capabilities and credibility.
India has already expressed its concerns about the deal, with several government officials calling for a thorough investigation into the matter. The Indian government has also written to the Pakistan government, seeking more information about the deal and its implications.
The US government is also investigating the deal, with several lawmakers calling for an inquiry into the matter. The House Foreign Affairs Committee has written to the US Secretary of State, seeking more information about the deal and its potential implications.
In response to the concerns, Pakistan’s Crypto Council has released a statement, saying that the deal is “completely transparent” and that it has been “fully vetted” by the government. However, experts remain skeptical about the deal, citing the lack of transparency and the potential implications for national security.
The controversy surrounding the deal has raised several questions about the future of Pakistan’s crypto industry. With several countries already expressing their concerns about the deal, it remains to be seen how Pakistan will address these concerns and ensure the legitimacy and credibility of its crypto industry.
