We Are Stewing in It

Two UAE officials linked to Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser, funneled $500 million into a cryptocurrency company tied to Donald Trump's family ahead of his 2025 presidency. The Trump family received $218 million from the deal, while their controlled entity, DT Marks DEFI LLC, owns 60% of World Liberty Financial, which issued the USD1 stablecoin. A subsequent $2 billion investment by Abu Dhabi's MGX in Binance via USD1 further amplified the Trump family's financial gains.