The Crypto President: Part 1

“So World Liberty has doled out at least $1.2 billion to the Trump family, and just to put it in perspective with Trump's real estate empire, it took eight years for Trump's real estate, golf, and brand empire to make that amount of money between 2010 and 2017. So it's safe to say that Trump is seeing an influx of wealth unlike what he's ever seen before.”

“We know through our reporting that Binance deploys engineers to build the blockchain technology that underpins the USD1 stable coin, which would become World Liberty's first product. In March of 2025, World Liberty launched that new USD1 stable coin. They now had an actual cryptocurrency product they could sell to customers.”

“So suddenly it went from this minnow which nobody was really paying attention to, to one of the largest stable coins by market cap on the market. Before the transaction, World Liberty's stable coin was valued at $127 million. After, that market value jumped to 2.1 billion, which was something that World Liberty then started trumpeting, saying that we are one of the fastest growing stable coin issuers on the planet.”

“One year before he'd been in this jail cell, he was persona non grata in the industry. And to have completed this incredible about turn within the first year of Trump's presidency, to get a pardon so swiftly, was surprising. World Liberty said it played no role in CZ's pardon and that its business interactions with Binance have been routine.”

“They suddenly had a product which was going to be generating about $80 million in income each year. About a month after that huge USD1 transaction took place, Binance formally applied for a pardon for CZ. And by the time that CZ got his pardon, in October of 2025, World Liberty was thriving.”

“Through our reporting, we discovered that the connections between not only Binance and World Liberty, but also World Liberty and MGX and the Emiratis ran much deeper than we knew previously. A foreign government official taking a stake in the president's company right before he becomes president is a first and is not something we've seen in modern American politics.”

“The White House said that President Trump's assets are in a trust managed by his children and that World Liberty is run by the Trump and Witkoff sons, independently of their fathers. The White House also said that there are no conflicts of interest, and that President Trump, quote, only acts in the best interest of the American public.”

“We know from our reporting that Binance, they set up an internal task force which consisted of a number of high level executives. And this task force, its aim was to look for ways to fix Binance's legal issues in the US. Binance was exploring ways they could work with World Liberty that they could then leverage into a pardon for CZ.”