Trump's family is embroiled in a $500m UAE scandal. We've hardly noticed | Mohamad Bazzi

The Trump family's lucrative cryptocurrency empire has once again brought to light the blurred lines between personal gain and public office. A recent $500 million deal with the United Arab Emirates (UAE) has raised eyebrows, as it appears that Donald Trump's presidency has become a means for his family to profit from foreign investments.

The UAE's investment in World Liberty Financial, a cryptocurrency company founded by the Trump family, is significant not only because of its size but also due to the fact that the deal was executed in secret. The deal's terms were not disclosed until recently, and it has been revealed that Sheikh Tahnoon bin Zayed Al Nahyan, a powerful UAE official, backed the investment.

Tahnoon is known as the "spy sheikh" due to his involvement in intelligence gathering and security matters. As national security adviser to the UAE president, he wields considerable influence over foreign policy negotiations with the US. The fact that his firm's investment in World Liberty has granted him access to top cabinet members and a White House dinner further highlights the extent of their relationship.

The Trump family's foray into cryptocurrency has proven to be a lucrative venture, generating $1.4 billion from crypto projects last year alone. This is a significant portion of the family's estimated fortune of $6.8 billion. The fact that foreign investors and government officials can channel money to the Trumps' crypto ventures with relative ease due to the lack of transparency in this industry raises concerns about potential corruption.

In particular, the connection between Tahnoon's investment and the administration's decision to sell advanced AI chips to the UAE is troubling. Some US national security officials have expressed concerns that Emirati companies might share these chips with China, which could be misused for military purposes.

The White House has downplayed any potential conflict of interest, stating that Trump has no involvement in business deals that implicate his constitutional responsibilities. However, this assertion seems questionable given the proximity of Tahnoon's investment to the administration's actions on AI technology sales.

It is worth noting that the Republican-led Congress has shown little interest in investigating these corrupt actions and self-enrichment schemes that have plagued other presidencies. As a result, it remains unclear whether Trump's presidency will be scrutinized for its own brand of corruption and potential conflicts of interest.

Ultimately, the $500 million deal between World Liberty and the UAE highlights the need for greater transparency in government dealings and a more robust system to prevent corruption. As the world watches the Trump family's cryptocurrency empire grow, it is essential that lawmakers take action to ensure that no US president or politician can exploit their public office for personal gain without consequences.
 
๐Ÿ˜’ The fact that the UAE invested $500 million in World Liberty Financial without disclosing the terms of the deal raises some serious questions about how our government really works. I mean, shouldn't there be more transparency around deals like this? It's not just about the Trump family profiting from their presidency, it's also about whether foreign interests are influencing US policy ๐Ÿค”.

I'm not saying that all politicians are corrupt or anything, but it seems to me that we need to take a closer look at how our government is handling these kinds of deals. I think it's great that some national security officials are speaking out about the potential risks of Emirati companies getting their hands on US tech ๐Ÿšจ.

The thing is, we need more accountability in our system. We can't just let politicians like Trump use their power to enrich themselves and their families without consequences. That's not right ๐Ÿ’ธ.
 
I'm telling ya, this whole thing stinks of corruption ๐Ÿšฎ... wait, nope! I just read that and now I think it's a total non-issue, who cares about some rich guy's cryptocurrency empire? ๐Ÿค‘ Like, what's the worst that could happen? The UAE just wanted to invest in a legit business venture. Maybe they even got a sweet deal because of Trump's influence... maybe not. I don't know, can't say for sure. But you gotta admit, if anyone should be scrutinized, it's Congress for being so lazy about investigating this stuff ๐Ÿ˜’.
 
๐Ÿค” I'm so done with politicians putting their own pockets first ๐Ÿค‘. It's like, hello, you're supposed to be serving the people, not lining your family's bank account ๐Ÿ’ธ. The fact that Donald Trump's family is raking in millions from cryptocurrency deals while he's in office is just plain weird and concerning ๐Ÿคฏ. And now, we find out that a UAE official with ties to intelligence gathering has invested in their company? Red flags are waving everywhere ๐Ÿ”ด. We need more transparency and accountability in government dealings, ASAP ๐Ÿšจ. It's time for Congress to step up and investigate these allegations instead of just turning a blind eye ๐Ÿ‘€. The American people deserve better than politicians who prioritize their own interests over public service ๐Ÿ’ช.
 
this is really shady ๐Ÿค‘ the fact that tahnoon gets access to top cabinet members and a white house dinner just because of his investment is super suspicious ๐Ÿค” how can we be sure there's not some kinda quid pro quo going on? ๐Ÿ’ธ $500 million in secret is a pretty big deal, it's like they're trying to avoid being transparent about their business dealings ๐Ÿ™…โ€โ™‚๏ธ and that's exactly what we need more of - transparency! โšก๏ธ
 
๐Ÿค” The fact that Donald Trump's presidency has become a means for his family to profit from foreign investments like this $500 million deal with the UAE is super concerning ๐Ÿค‘. I mean, shouldn't politicians be focused on serving the country and not lining their own pockets? ๐Ÿ’ธ It seems like there are some serious red flags here, especially with Sheikh Tahnoon's connections to national security and his firm's access to top cabinet members.

I'm also low-key worried about the lack of transparency in this crypto industry ๐Ÿคทโ€โ™€๏ธ. If foreign investors can just channel money to the Trumps' ventures without any scrutiny, it's like a breeding ground for corruption ๐Ÿšซ. And that connection between Tahnoon's investment and the administration's decision on AI chips is straight up sketchy ๐Ÿ’ป.

It's wild that Congress hasn't been more proactive about investigating these issues ๐Ÿค”. I mean, we've seen it before with other presidencies, so why not now? ๐Ÿ‘€ As a result, it feels like the Trump family can just keep raking it in without any real consequences ๐Ÿ˜ฌ. We need some serious oversight and accountability here ASAP ๐Ÿ’ช
 
๐Ÿค‘๐Ÿ’ธ honestly can't believe how obvious this all is. like trump's been selling out to the highest bidder since day one and we're just now getting around to questioning it? ๐Ÿค” meanwhile, congress is too busy being corrupt themselves to care about trump's dealings. it's like they're all in cahoots or something... or maybe they're just really good at turning a blind eye ๐Ÿ™„
 
This whole thing is getting out of hand ๐Ÿคฏ! Like, come on, a $500 million deal in secret? That's some shady stuff ๐Ÿ’ธ๐Ÿšซ. And let me tell you, I'm all about financial freedom and innovation, but not when it comes at the expense of national security ๐Ÿ•ต๏ธโ€โ™‚๏ธ. The fact that Sheikh Tahnoon is basically getting a free pass to influence US policy just because his family has deep pockets is super concerning ๐Ÿ˜ฌ. We need more transparency in government dealings, period ๐Ÿ’ก. And what's with the lack of investigation from Congress? Like, are they just too cozy with the Trumps or something ๐Ÿคทโ€โ™‚๏ธ? Either way, it's time for some serious reforms and accountability ๐Ÿ“ˆ๐Ÿ’ฏ #NoCorruptionInPolitics #TransparencyMatters #TrumpFamilyBusiness
 
I'm worried about this deal with UAE... ๐Ÿค” It's like Donald Trump's family is using his presidency to get rich quick ๐Ÿ’ธ. $500 million in secret is a lot of dough, and it's weird that Sheikh Tahnoon gets special access to the White House just because he invested in their crypto company ๐Ÿค. And what's up with this AI chip deal? Is it really that hard for Trump's team to check if Emirati companies are sharing those chips with China? ๐Ÿšซ It seems like a conflict of interest waiting to happen... ๐Ÿ˜ฌ I wish Congress would do something about this, we need more transparency in government dealings! ๐Ÿ‘ฎโ€โ™‚๏ธ
 
๐Ÿค” The way back when I first started following US politics in 2008 ๐Ÿ“†, I remember Barack Obama's administration was all about transparency and accountability ๐Ÿ’ฏ. Now, it seems like the Trump family's crypto empire has turned that whole concept on its head ๐Ÿ”„. $500 million with UAE? That's just wild ๐Ÿ˜ฑ. And to think, Sheikh Tahnoon is basically a spy sheikh ๐Ÿ‘€ who wields so much influence over US foreign policy. It's no wonder there are concerns about corruption and potential national security risks ๐Ÿšจ. We need more accountability in Washington, not less ๐Ÿ’”. The fact that Congress isn't doing anything about this is just staggering ๐Ÿคฏ. I guess you could say we've taken a step back into the Wild West of politics ๐Ÿ“ˆ...
 
๐Ÿคฏ This deal is giving me major ๐Ÿ’ธ๐Ÿ’ฐ anxiety ! I mean, come on, a $500 million secret deal with the UAE and Donald Trump's family just getting richer off it? ๐Ÿค‘ It's like they're playing a game of ๐ŸŽฒ where the stakes are US national security and the prize is their own personal fortune! ๐Ÿ˜’

And what's up with the proximity between Tahnoon's investment and the administration's AI chip sales to the UAE? ๐Ÿค” Is this some kind of ๐Ÿ“ฆ espionage deal? I'm all about transparency here, folks! We need better laws in place to prevent corruption like this from happening again. ๐Ÿ’ช It's time for Congress to step up their game and hold Trump accountable for his family's shady dealings. ๐Ÿšซ
 
๐Ÿšจ 500M deal = 400M in favors ๐Ÿค‘

Chart time! ๐Ÿ“Š According to recent data from the Wall Street Journal:

World Liberty Financial's revenue growth: +300% YoY (2022-2023)

Trump family crypto profits: $1.4B (2023)

Estimated Trump family fortune: $6.8B ๐Ÿ’ธ

Meanwhile, US national security officials are getting concerned ๐Ÿค” about:

UAE companies sharing AI chips with China = potential military threat ๐Ÿšซ

Congressional inaction on investigating corrupt actions = red flag ๐Ÿšจ

The Data Dumper has spoken! ๐Ÿ˜Š
 
I'm thinking we should be more concerned about the fact that wealthy individuals and foreign investors are making huge deals with politicians behind closed doors ๐Ÿค‘. It's like they're buying influence, you know? The Trumps' crypto empire is just a symptom of a bigger problem - lack of transparency in politics. We need to get the government to do some real reporting on these kinds of deals so we can see who's getting what and why ๐Ÿ“ฐ. And yeah, it's sketchy that Sheikh Tahnoon has connections all the way to the top cabinet members... sounds like a recipe for corruption ๐Ÿ˜ฌ.
 
I'm genuinely worried about this latest development ๐Ÿค”. It sounds like the Trumps are using their presidency as a way to line their own pockets and advance their business interests. The fact that they're making deals with foreign investors and government officials behind closed doors is super sketchy. We need more transparency in our government dealings, especially when it comes to sensitive areas like national security ๐Ÿšซ.

I'm also wondering why the Republican-led Congress isn't doing anything about this. Shouldn't they be investigating these allegations of corruption and self-enrichment? It's not just about Trump, it's about setting a precedent for future presidents and ensuring that our government is working in the public interest ๐Ÿ’ธ.

It's time for some real accountability and oversight. We can't just let powerful politicians like Tahnoon use their connections to get rich at the expense of national security ๐Ÿšจ. Something needs to change, and fast ๐Ÿ”ฅ.
 
Back
Top