TRACK FOREIGN DEALS

“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.”

“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.”

“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.”

“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.”

“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.”

“The deal is signed January 16th, 2025, four days before the inauguration. It's signed by Eric Trump. Signing on the UAE side were two executives working for Taknun. Half of the purchase price was paid upfront, immediately steering $187 million to Trump family entities.”

“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.”

“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.”

“The president is exempt from conflict of interest rules in a way that other members of his administration are not. There has always been an assumption that a president would be governed by the norms of this role and the desire to not have there be bad optics and that sort of thing.”

“World Liberty presented this MGX investment using USD1 as an enormous vote of confidence in World Liberty and in its stablecoin. At the time that he knew that both MGX and World Liberty were, you know, partly owned by the same person, was just pretty shocking to me.”

“Tocnune did at one point meet with Biden, but he didn't get this kind of splashy White House dinner with the president and a half dozen cabinet members. And so people who kind of know how these things usually worked found that pretty remarkable.”

“So, four days before Trump's inauguration, Taknun and some co-investors bought half of World Liberty, purchasing 49 percent of the Trump's company for half a billion dollars. Until we revealed it in January of this year, it had never been disclosed publicly.”

“There is this view abroad that Trump is a transactional president and that, you know, I think some of these countries even appreciate that stance because they feel like they know how to play that game. But the feeling is very much that if you want something from the Trump Administration, you have to be prepared to give something in return.”

“He says that the two countries have agreed to a very big contract for the UAE to buy around 500,000 of the US's most advanced AI chips per year. I mean, obviously, this is what Tuck Noon has been lobbying for, so this is a huge deal.”

“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.”

“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.”

“In less than two years, World Liberty Financial has earned the Trump family at least $1.2 billion in cash, and a lot of that has come through foreign owned businesses. One of the companies they worked with was the cryptocurrency exchange Binance. The other involves the United Arab Emirates.”

“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.”

“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.”

“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.”