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 come under scrutiny in India and the US, reported news outlets. The controversy surrounding the deal has raised several eyebrows, particularly due to the involvement of US President Donald Trump’s family members and the Pakistan Army chief, Asim Munir.
According to reports, the deal was signed on January 24, 2023, in Islamabad, with the Pakistan Crypto Council, a newly-formed body aimed at promoting the country’s cryptocurrency industry, partnering with WLF to establish a joint venture. The deal was reportedly inked in the presence of Pakistan Army Chief Asim Munir, who personally welcomed US officials who came to sign the agreement.
What has raised concerns is that US President Donald Trump’s sons, Eric and Trump Junior, and son-in-law Jared Kushner collectively own 60% of WLF. The involvement of the Trump family in the deal has sparked questions about potential conflicts of interest and whether the arrangement was fair and transparent.
The controversy surrounding the deal has also raised concerns about national security, with India and the US governments being asked to investigate the matter further. The deal has been dubbed as “suspicious” by many, who believe that it may have implications for the global crypto market and potentially compromise national security.
The Pakistan Crypto Council, in a statement, has defended the deal, saying that it was a legitimate business arrangement that aimed to promote the growth of the country’s cryptocurrency industry. The council has also emphasized that the deal was transparent and followed all necessary regulatory procedures.
However, critics have pointed out that the deal may have been orchestrated to benefit the Trump family and Pakistan’s military establishment, rather than being a genuine business venture. The involvement of Asim Munir, the Pakistan Army chief, has also raised concerns about the potential for misuse of power and influence.
The controversy surrounding the deal has also highlighted the growing concerns about the lack of regulation in the global crypto market. The absence of clear guidelines and regulations has created an environment where such deals can be orchestrated, potentially compromising national security and the integrity of the financial system.
The Indian government has already taken note of the deal and has asked for a thorough investigation into the matter. The US government, too, has been asked to investigate the deal and determine whether it poses any national security risks.
The controversy surrounding the Pak crypto deal with links to Trump and Asim Munir is a stark reminder of the need for greater transparency and accountability in the global crypto market. It is essential that governments and regulatory bodies take a closer look at such deals and ensure that they are fair, transparent, and do not compromise national security.
In conclusion, the Pak crypto deal with links to Trump, Asim Munir is a matter of concern that requires a thorough investigation. The involvement of the Trump family and Pakistan’s military establishment raises questions about potential conflicts of interest and national security risks. It is essential that governments and regulatory bodies take a closer look at such deals and ensure that they are fair, transparent, and do not compromise national security.
