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Pakistan strikes crypto deal with company 60% owned by Donald Trump's sons: Report

WLF’s investors include Trump’s sons, Eric and Donald Jr, along with Jared Kushner, their brother-in-law.
June 11, 2025 / 12:50 IST
Trump administration may appeal the ruling

US President Donald Trump is in news again. Days after claiming that he brokered peace deal between India and Pakistan, a latest report has tied Trump’s family to a crypto pact with a company based in Islamabad.

The firm in question, World Liberty Financial (WLF), is a crypto venture in which the Trump family reportedly holds a 60% stake, a Times of India report said on Thursday. WLF recently signed a deal with the newly formed Pakistan Crypto Council — an organisation launched just weeks ago with the bold aim of turning Islamabad into South Asia’s leading crypto hub. The Council quickly brought on board Binance founder Changpeng Zhao (CZ) as an adviser to lend credibility to the initiative, the TOI report added.

Despite its infancy, the Council hosted a high-profile WLF delegation in Islamabad. Among those in attendance was Trump’s longtime associate Steve Witkoff's son Zachary Witkoff. The group was welcomed by Prime Minister Shehbaz Sharif and, notably, by Pakistan’s Army Chief General Asim Munir. Shortly after the visit, Munir reportedly gave the green light for a violent attack in Pahalgam, where tourists were allegedly targeted based on their religion.

WLF’s investors include Trump’s sons, Eric and Donald Jr, along with Jared Kushner, their brother-in-law. All three have faced criticism in the past for pursuing international business ventures while maintaining close ties to political power, the report further said.

Moneycontrol News
first published: May 15, 2025 09:14 am

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