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 raised eyebrows in both India and the United States, with reports pointing to alleged connections to US President Donald Trump’s family and the country’s top military official, General Asim Munir. The development has sparked concerns about the potential implications of this partnership, which is still shrouded in mystery.
According to a report by NDTV, the deal was signed in March, with Pakistan’s newly-formed Crypto Council, which is responsible for regulating and promoting the country’s cryptocurrency industry, partnering with WLF, a US-based crypto firm. What’s striking about this partnership is that 60% of WLF is owned by none other than Donald Trump’s sons, Eric and Trump Junior, as well as his son-in-law, Jared Kushner.
The involvement of Trump’s family members in this deal has sent shockwaves across the globe, with many questioning the legitimacy of the partnership. Furthermore, the fact that Pakistan’s Army Chief, General Asim Munir, personally welcomed US officials who came to sign the deal has raised concerns about the potential misuse of power.
For those who may not be familiar, General Asim Munir is a highly respected military leader in Pakistan, known for his expertise in counter-terrorism and counter-insurgency operations. His involvement in the signing of the deal has sparked concerns about potential conflicts of interest and the potential for this partnership to be used for ulterior motives.
The deal itself is shrouded in mystery, with many questions surrounding the nature of the partnership and what it entails. What is clear, however, is that the partnership between Pakistan’s Crypto Council and WLF is a significant one, with the potential to have far-reaching implications for the global cryptocurrency industry.
One of the main concerns surrounding this deal is the potential for money laundering and other illicit financial activities. Given the involvement of Trump’s family members, there are concerns that this partnership may be used to launder money or engage in other illegal activities. Furthermore, the involvement of General Asim Munir raises questions about the potential for this partnership to be used for political or military gain.
Another concern is the potential impact this deal may have on the global cryptocurrency industry. With Pakistan’s Crypto Council partnering with a US-based firm owned by Trump’s family members, there are concerns that this deal may create a conflict of interest and undermine the credibility of the global cryptocurrency industry.
In response to the controversy surrounding the deal, Pakistan’s Crypto Council has issued a statement denying any wrongdoing or impropriety. The council has stated that the partnership with WLF is purely commercial in nature and that all necessary regulatory approvals have been obtained.
In a statement to NDTV, a spokesperson for Pakistan’s Crypto Council said, “The partnership with WLF is a commercial arrangement that has been approved by all relevant regulatory authorities in Pakistan. We are committed to ensuring that all transactions are transparent and comply with all applicable laws and regulations.”
Despite the council’s assurances, many remain skeptical about the deal and its implications. As the global cryptocurrency industry continues to evolve and grow, it is essential that regulators and policymakers take a closer look at this deal and ensure that it does not undermine the integrity of the industry.
In conclusion, the deal between Pakistan’s Crypto Council and WLF, with links to Trump’s family and General Asim Munir, is a significant one that has raised concerns in both India and the United States. While the council has denied any wrongdoing, many remain skeptical about the deal and its potential implications. As the global cryptocurrency industry continues to evolve, it is essential that regulators and policymakers take a closer look at this deal and ensure that it does not undermine the integrity of the industry.
