Pak crypto deal with links to Trump, Asim Munir under scrutiny in India & US: Report
In a recent development, a deal between Pakistan’s newly formed Crypto Council and US-based crypto firm World Liberty Financial (WLF) has raised eyebrows in both India and the United States. The agreement has come under scrutiny due to its alleged links to US President Donald Trump’s family members and Pakistan’s Army Chief, Asim Munir.
According to a report by NDTV, the deal was signed in the presence of Asim Munir, who personally welcomed US officials who came to sign the agreement. The report highlights that the Trump family has a significant stake in WLF, with Eric and Trump Junior owning 60% of the company collectively, along with son-in-law Jared Kushner.
The Pakistan Crypto Council was established just a month ago, with the aim of promoting the country’s digital currency industry. The council has been working closely with the Pakistani government to create a regulatory framework for cryptocurrencies, with the goal of making Pakistan a hub for crypto-related activities.
However, the deal with WLF has raised concerns about the potential influence of the Trump family and the Pakistani Army on the country’s digital currency industry. Critics have accused the Pakistani government of being too close to the Trump family, which could compromise the country’s sovereignty and independence.
The report also highlights that the deal has been criticized by some Pakistani politicians, who have accused the government of prioritizing foreign interests over the country’s own economic needs. The deal has also raised questions about the lack of transparency and accountability in the Pakistani government’s dealings with foreign companies.
In response to the criticism, the Pakistani government has denied any wrongdoing and has defended the deal as a legitimate business agreement. However, the controversy surrounding the deal has led to increased scrutiny of the Pakistani government’s relations with foreign companies and individuals.
The deal has also attracted attention in the United States, where some lawmakers have expressed concerns about the potential implications of the deal on the country’s national security and economic interests. The US government has been wary of Pakistan’s growing ties with China, which has led to concerns about the country’s potential to become a hub for Chinese influence in the region.
The controversy surrounding the deal has also raised questions about the role of the Pakistani Army in the country’s economic and political decision-making processes. The Pakistani Army has long been accused of exerting significant influence over the country’s politics and economy, and the deal has only added to these concerns.
In conclusion, the deal between the Pakistan Crypto Council and WLF has sparked controversy in both India and the United States due to its alleged links to the Trump family and Pakistan’s Army Chief, Asim Munir. The deal has raised concerns about the potential influence of foreign interests on Pakistan’s digital currency industry and the country’s sovereignty and independence.
