/
Navigation
Chronicles
Browse all articles
Explore
Semantic exploration
Research
Entity momentum
Nexus
Correlations & relationships
Story Arc
Topic evolution
Drift Map
Semantic trajectory animation
Posts
Analysis & commentary
Pulse API
Tech news intelligence API
Browse
Entities
Companies, people, products, technologies
Domains
Browse by publication source
Handles
Browse by social media handle
Detection
Concept Search
Semantic similarity search
High Impact Stories
Top coverage by position
Sentiment Analysis
Positive/negative coverage
Anomaly Detection
Unusual coverage patterns
Analysis
Rivalry Report
Compare two entities head-to-head
Semantic Pivots
Narrative discontinuities
Crisis Response
Event recovery patterns
Connected
Search: /
Command: ⌘K
Embeddings: large
TEXXR

Chronicles

The story behind the story

days · browse · Enter similar · o open

President Trump's World Liberty Financial says Abu Dhabi's MGX fund is investing $2B in Binance using World Liberty's USD1 stablecoin, raising ethical concerns

A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president's son …

New York Times David Yaffe-Bellany

Discussion

  • @harikunzru Hari Kunzru on bluesky
    It's as if the corruption is now so brazen - and at such a massive scale - that the establishment is unable to recognize what it's seeing www.nytimes.com/2025/05/01/u...
  • @donmoyn Don Moynihan on bluesky
    Absolutely naked influence buying by a foreign country: “A fund backed by Abu Dhabi, he said, would be making a $2 billion business deal using the Trump firm's digital coins.” www.nytimes.com/2025/05/01/u...
  • @link.spacelawshitpost.me Łink on bluesky
    Very normal stuff and not at all corrupt.
  • @larryglickman Larry Glickman on bluesky
    Trump uses the presidency to enrich himself and his family, while using that same office to impose catastrophic policies that will make those of us who aren't among his billionaire sycophantic “friends,” poorer, less free, less secure, and less healthy.  —  www.nytimes.com/2025/0…
  • @blumenthal.senate.gov Richard Blumenthal on bluesky
    Arrogant & avaricious beyond words, crypto corruption in Trump's aspiring autocracy cries out for Congressional investigation.  The public needs to know how Trump & his sycophants are brazenly, blatantly exploiting power & self-enriching.  Trump's DOJ, SEC can't be counted on to …
  • @danpfeiffer Dan Pfeiffer on bluesky
    It's hard to overstate how corrupt this is www.nytimes.com/2025/05/01/u...
  • @marypcbuk Mary Branscombe on bluesky
    digitizing corruption  —  putting corruption on the blockchain  —  because it doesn't matter that there's a permanent fucking record of corruption when there's no enforcement [embedded post]
  • @warren.senate.gov Elizabeth Warren on bluesky
    A shady fund backed by a foreign government just announced a $2 billion deal using Trump stablecoins.  —  The Senate is gearing up to pass stablecoin legislation that will make it easier for Trump's family to line their own pockets.  —  This is corruption.  No senator should supp…
  • @wendysiegelman Wendy Siegelman on bluesky
    Zach Witkoff, a founder of World Liberty Financial, announced a Trump-affiliated digital coin would be used for a transaction between the state-backed Emirati firm MGX and Binance - which could generate hundreds of millions of dollars for the Trump family  —  www.nytimes.com/2025…
  • @hfgarcia Helio Fred Garcia on bluesky
    The corruption is out in the open.  So much for the Emoluments Clause.  —  www.nytimes.com/2025/05/01/u...
  • @kenvogel Ken Vogel on bluesky
    NEW: A fund backed by Abu Dhabi will be making a $2 BILLION business deal using cryptocurrency from the Trump family's venture, World Liberty Financial, according to Zach Witkoff.  —  That transaction would be a major contribution by a foreign government to President Trump's priv…
  • @SeanCasten@mastodon.social Sean Casten on mastodon
    If Mike Johnson gave a damn about the Constitution he claims to be an expert in we would be having immediate hearings on this blatant emoluments violation.  There will be accountability.  But apparently not until Dems get the gavels back from these cowards. https://www.nytimes.co…
  • @justinsuntron H.E. Justin Sun on x
    This has been an incredible experience — we are making history, and it's all thanks to U.S. President Trump and the wise leadership of the UAE government.
  • @justinsuntron H.E. Justin Sun on x
    Great seeing you at #Token2049 @EricTrump!🤝 [image]
  • @wublockchain Wu Blockchain on x
    Eric Trump, at Token2049 in Dubai, announced that the Trump family's World Liberty Financial USD stablecoin (USD1) has been chosen as the official stablecoin for MGX's $2 billion investment in Binance. Earlier this year, Abu Dhabi-based MGX announced plans to acquire a $2 billion
  • @libsoftiktok @libsoftiktok on x
    BREAKING: World Liberty Financial co-founder Zach Witkoff and Eric Trump announced at the TOKEN2049 conference that WLFI will be used in a $2 BILLION investment by Abu Dhabi into the world's leading crypto exchange, Binance. [video]
  • @token2049 @token2049 on x
    Button check, backstage. @EricTrump @worldlibertyfi #TOKEN2049 [image]
  • @richardhanania Richard Hanania on x
    Gulf Arabs are now using Trump crypto as currency. There's such a surreal aspect to sentences like this. It was announced by Steve Witkoff's son who was on a conference panel with Eric Trump. I'm just out of words to describe the corruption of this administration. [image]
  • @erictrump Eric Trump on x
    It was a great honor! 🔥🔥 [video]
  • @justinsuntron H.E. Justin Sun on x
    Dubai 🇦🇪 is becoming the center of cryptocurrency. @EricTrump @ZachWitkoff [image]
  • @janemayernyer Jane Mayer on x
    The Times describes the number of conflicts of interest as “unprecedented.”
  • @kenvogel Kenneth P. Vogel on x
    The transaction would be a major contribution by a foreign government to President Trump's private venture, potentially generating huge sums for the Trump & Witkoff families, while highlighting the ethical conflicts around Trump's crypto forays. @yaffebellany reports from Dubai.
  • @donwinslow Don Winslow on x
    WHY IS THIS STORY NOT EVERYWHERE???
  • @iansams Ian Sams on x
    Two stories, same day, I'm sure totally unrelated... (left) NYT: UAE pours $2 billion into Trump crypto coins (right) Bloomberg: Trump White House may ease restrictions on selling AI chips to UAE [image]
  • @trondao Tron Dao on x
    .@justinsuntron, @EricTrump and @ZachWitkoff joined together for a fireside chat at #TOKEN2049 Dubai. 🎙️ Did you catch the news? ⬇️ @worldlibertyfi's #USD1 will soon be natively integrated on #TRON. ⛓️ [image]
  • @senblumenthal Richard Blumenthal on x
    Arrogant&avaricious beyond words, crypto corruption in Trump's aspiring autocracy cries out for Congressional investigation. The public needs to know how Trump&his sycophants are brazenly, blatantly exploiting power&self-enriching. Trump's DOJ, SEC can't be counted on to stop it.
  • @davemcclure Dave McClure on x
    see #emoluments #constitution https://wikipedia.org/... “No Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, #Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.”
  • @jonlemire Jonathan Lemire on x
    “The $2 billion transaction would be a major contribution by a foreign government to President Trump's private venture — one that stands to generate hundreds of millions of dollars for the Trump family” https://www.nytimes.com/...
  • @zachwitkoff Zach Witkoff on x
    The UAE is a spectacular country. They have become a leader in AI and crypto due to the strong and visionary leadership in the emirates. The future of our industry has never looked so bright.
  • @timodc Tim Miller on x
    Corruption at a level that we have never seen in this country. More akin to what one might have seen in Libya.
  • @public_citizen @public_citizen on x
    What the hell?! A UAE government-backed firm announced a $2 BILLION business deal using Trump's meme coin. A foreign nation is funneling money directly into Trump's pocket. U.S. policy should NOT be for sale. [image]
  • @coindesk @coindesk on x
    UPDATE: @worldlibertyfi's @ZachWitkoff teased more $USD1 partnerships in the future. “We have a lot on the way at World liberty....we are working really hard on getting integrations into traditional retail point of sale systems.” he added. https://www.coindesk.com/...
  • @sawyerhackett Sawyer Hackett on x
    Staggering levels of corruption...
  • @teresagoody Teresa Goody Guillén on x
    Well done @EricTrump @ZachWitkoff @justinsuntron - great panel at @token2049! Joined by @worldlibertyfi co-founders @zakfolkman and @WatcherChase - 2 announcements: transactional use of USD1 & integration on TRON - and increasing access to financial services & wealth. 👏 [image]
  • @richardhanania Richard Hanania on x
    Justin Sun, who got his SEC case dismissed by the administration after buying $75 million in a Trump-linked coin, was also on the panel. [image]
  • @kenvogel Kenneth P. Vogel on x
    NEW: A fund backed by Abu Dhabi will be making a $2 BILLION business deal using digital coins from the Trump family's cryptocurrency venture, World Liberty Financial, according to an announcement Thursday in Dubai by Steve Witkoff's son Zach Witkoff. https://www.nytimes.com/...
  • @senblumenthal Richard Blumenthal on x
    No ordinary entrepreneur would even dream of this kind of crypto deal. Crypto may seem complex&confusing but this catastrophic abuse of power is very simple. It's undisguised greed. https://www.nytimes.com/...
  • @mattyglesias Matthew Yglesias on x
    Trump's trade deals are fake but the deal where the UAE buys his meme coin and in exchange he lets them subvert nation security could be very real [image]
  • @senwarren Elizabeth Warren on x
    A shady fund backed by a foreign government just announced a $2 billion deal using Trump stablecoins. The Senate is gearing up to pass stablecoin legislation that will make it easier for Trump's family to line their own pockets. This is corruption. No Senator should support it.
  • r/economicCollapse r on reddit
    Trump company makes $2 billion deal with Abu Dhabi
  • r/politics r on reddit
    Abu Dhabi-Backed Firm Will Use Trump Crypto in $2 Billion Deal