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 come under scrutiny in both India and the United States. The controversy surrounding the deal has raised several eyebrows due to the involvement of US President Donald Trump’s family members and Pakistan Army chief Asim Munir.
According to a report by NDTV, the deal was signed in the presence of Pakistan Army chief Asim Munir, who personally welcomed US officials who had come to sign the agreement. This has led to questions about the nature of the deal and whether it benefits Pakistan’s economy or is a mere smokescreen for some other agenda.
For those who may not be aware, World Liberty Financial (WLF) is a US-based crypto firm that has ties to the Trump family. Interestingly, Eric and Trump Junior, sons of US President Donald Trump, and his son-in-law Jared Kushner collectively own 60% of WLF. This raises concerns about potential conflicts of interest and whether the deal was signed with Pakistan’s interests in mind or was a personal favor to the Trump family.
The deal itself is a partnership between Pakistan’s Crypto Council and WLF to develop a blockchain-based platform for financial transactions. While this may seem like a normal business deal, the involvement of the Trump family and Asim Munir has sparked concerns about the transparency of the deal and whether it is in the best interests of Pakistan.
Many experts have questioned the motives behind the deal, with some speculating that it may be a way for the Trump family to gain access to Pakistan’s vast mineral resources or to use the country as a testing ground for their crypto technology. Others have pointed out that the deal could be a way for Pakistan to launder money or fund its military operations, which has been a long-standing concern for the international community.
Pakistan’s Crypto Council, which was established only a month ago, has been criticized for its lack of transparency and accountability. The council’s chairman, who was appointed by the government, has been accused of having close ties to the Pakistan Army and has been criticized for his lack of expertise in the field of cryptocurrencies.
The deal has also raised concerns about the potential impact on Pakistan’s economy. With the country already struggling to recover from the COVID-19 pandemic, experts have warned that the deal could have a negative impact on the country’s financial stability.
In India, the deal has sparked concerns about the potential implications for the country’s financial sector. With India having its own crypto regulations in place, some experts have warned that the deal could set a bad precedent and undermine India’s own regulatory efforts.
In the United States, the deal has raised concerns about the potential involvement of the Trump family in Pakistan’s economic affairs. With the Trump family’s involvement in WLF, some experts have warned that the deal could be a way for the Trump family to exert influence over Pakistan’s economic policies.
The controversy surrounding the deal has also led to calls for greater transparency and accountability in Pakistan’s economic dealings. Many experts have warned that the deal could have far-reaching implications for Pakistan’s economy and its relations with the international community.
In conclusion, the deal between Pakistan’s Crypto Council and WLF has raised several red flags and has sparked concerns about the involvement of the Trump family and Asim Munir. While the deal may seem like a normal business agreement on the surface, the potential implications for Pakistan’s economy and its relations with the international community are far-reaching.
As the world waits to see how this controversy plays out, one thing is certain – the deal has raised important questions about the transparency and accountability of Pakistan’s economic dealings and has sparked calls for greater scrutiny of the country’s financial affairs.
