United Arab Emirates investment firm deposited $2 billion into Trump's Crypto startup. TWO WEEKS LATER...

[Miles Archer]

'Impeachable': Explosive report on Trump's massive crypto 'scandal' stuns observers

https://www.rawstory.com/trump-crypto-2673996974/

The New York Times on Monday published a blockbuster report detailing how US President Donald Trump’s administration gave the United Arab Emirates access to high-powered artificial intelligence chips just days after receiving a massive investment in Trump’s cryptocurrency startup.

As the Times report documented, Sheikh Tahnoon bin Zayed Al Nahyan, a member of the United Arab Emirates’ (UAE) ruling family, had one of his investment firms deposit $2 billion into World Liberty Financial, the startup founded by members of the Trump family and the family of Trump Middle East envoy Steve Witkoff.

Just two weeks later, wrote the Times, “the White House agreed to allow the UAE access to hundreds of thousands of the world’s most advanced and scarce computer chips, a crucial tool in the high-stakes race to dominate artificial intelligence,” despite national security concerns about these chips being shared with China.

The Times, which interviewed more than 75 people in its investigation of the deals, did not present direct evidence that the two deals were explicitly linked, and the White House denied any connection between the massive investment in the Trump family’s crypto firm and the decision to grant UAE access to the chips.