Pak Crypto Deal with Links to Trump, Asim Munir Under Scrutiny in India & US: Report
In a shocking revelation, a deal between Pakistan’s recently formed Crypto Council and US-based crypto firm World Liberty Financial (WLF) has come under scrutiny in both India and the United States. The report has sparked concerns over potential links to the Trump family, with US President Donald Trump’s sons Eric and Trump Junior, as well as son-in-law Jared Kushner, collectively owning 60% of WLF.
The controversy surrounding the deal has gained momentum, with the involvement of Pakistan Army Chief Asim Munir adding to the intrigue. It is reported that Munir personally welcomed US officials who came to sign the deal, further fueling speculation about the nature of the agreement.
As per the report, World Liberty Financial (WLF) has entered into a partnership with Pakistan’s Crypto Council, a newly established organization aimed at promoting the growth of the crypto industry in the country. The deal has raised eyebrows, with many questioning the motivations behind the collaboration and the potential benefits it may bring to both parties involved.
One of the primary concerns surrounding the deal is the ownership structure of WLF. As mentioned earlier, Eric and Trump Junior, both sons of former US President Donald Trump, own 30% of the company, while Jared Kushner, Trump’s son-in-law, holds a 30% stake. This raises questions about potential conflicts of interest and whether the deal was influenced by political connections.
Pakistan’s Crypto Council, on the other hand, has been touted as a platform aimed at promoting the growth of the crypto industry in the country. The organization has been actively working to attract foreign investment and establish partnerships with international companies to develop the local crypto market.
The involvement of Pakistan Army Chief Asim Munir in the deal has also generated significant attention. It is reported that Munir personally welcomed US officials who came to sign the agreement, a move that has been criticized by many as a potential attempt to legitimize the deal. Critics argue that the involvement of a senior military official in a commercial deal raises concerns about the potential misuse of power and the blurring of lines between the military and civilian sectors.
In a statement, Pakistan’s Crypto Council has denied any wrongdoing, stating that the deal was entered into based on commercial considerations and does not involve any political favors or special treatment. The organization has also emphasized that the deal is subject to standard regulatory approvals and that all necessary checks and balances are in place to ensure the integrity of the agreement.
In India, the deal has generated significant interest, with many experts questioning the potential implications of the partnership on the global crypto market. Some have argued that the deal could potentially create a new hub for crypto-related activities in the region, while others have expressed concerns about the potential risks and vulnerabilities associated with the partnership.
In the United States, the deal has sparked concerns about potential conflicts of interest and the influence of political connections on commercial decisions. Many have questioned whether the deal was influenced by Trump’s connections to WLF and whether it could potentially compromise the integrity of the crypto market.
As the debate surrounding the deal continues to evolve, it remains to be seen what the long-term implications of the partnership will be. Will it create a new hub for crypto-related activities in the region, or will it pose significant risks and vulnerabilities to the global crypto market? Only time will tell.
