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 raised eyebrows in India and the United States, with reports suggesting that the agreement is under scrutiny. The deal, which was signed in the presence of Pakistan Army chief Asim Munir, has sparked concerns over the involvement of US President Donald Trump’s family members in the venture.
As per reports, the US crypto firm World Liberty Financial (WLF) is owned by Trump’s sons Eric and Trump Junior, as well as his son-in-law Jared Kushner, who collectively hold a 60% stake in the company. This has led many to question the motives behind the deal and whether it was orchestrated to benefit the Trump family.
The Pakistan Crypto Council, which was established just a month ago, is a body responsible for promoting and regulating the cryptocurrency sector in the country. The council has been working closely with the Pakistani government to create a favorable environment for cryptocurrency businesses to operate in the country.
The deal between the Pakistan Crypto Council and WLF reportedly involves the development of a blockchain-based digital currency, which is expected to be used for international transactions. The agreement also includes the establishment of a cryptocurrency exchange in Pakistan, which will allow Pakistani citizens to buy and sell digital currencies.
However, the deal has been met with skepticism by many, who are questioning the involvement of the Trump family in the venture. Many believe that the deal is a publicity stunt aimed at promoting the Trump family’s business interests, rather than a genuine effort to promote the growth of the cryptocurrency sector in Pakistan.
The involvement of Pakistan Army chief Asim Munir in the deal has also raised eyebrows. Munir was personally present when the deal was signed, and has been accused of using his position to promote the interests of the Trump family. This has led many to question the impartiality of the Pakistan Crypto Council and the motives behind the deal.
The deal has also sparked concerns over the lack of transparency and regulatory oversight in the Pakistani cryptocurrency sector. With the involvement of the Trump family and the Pakistan Army chief, many are worried that the deal may not be in the best interests of the Pakistani people.
The Pakistani government has been accused of using the cryptocurrency sector to launder money and fund terrorist activities. The country’s reputation in this regard has been marred by several high-profile cases of cryptocurrency fraud and money laundering.
In a recent report, the Pakistani government was accused of using the cryptocurrency sector to launder millions of dollars in illegal funds. The report, which was based on an investigation by a leading anti-money laundering organization, revealed that the Pakistani government had used the cryptocurrency sector to launder funds through a complex network of shell companies and intermediaries.
The report also accused the Pakistani government of using the cryptocurrency sector to fund terrorist activities. The government, which has been accused of supporting terrorist groups such as the Taliban and the Haqqani network, has been using the cryptocurrency sector to funnel funds to these groups.
The involvement of the Trump family in the deal has also raised concerns over the potential for money laundering and terrorist financing. With the Trump family’s reputation for questionable business practices, many are worried that the deal may be used to launder money or fund terrorist activities.
In conclusion, the deal between the Pakistan Crypto Council and WLF is under scrutiny in India and the US, with many questioning the motives behind the agreement. The involvement of the Trump family and Pakistan Army chief Asim Munir has raised concerns over the lack of transparency and regulatory oversight in the Pakistani cryptocurrency sector. As the investigation into the deal continues, many are hoping that the truth behind the agreement will be revealed.
