Yet a review by Reuters of corporate registries, #Aqua1Foundation’s digital profile & other public information reveal almost nothing about the source of its capital or the person it named as its founding partner, #DaveLee.

Reuters could not find a way of contacting Lee directly. An Aqua 1 press release, which was published on Reuters.com as sponsored content, listed an email for a person named Dora Lee as a media contact.

#Trump#WorldLibertyFinancial #crypto#DarkMoney #emoluments

In response to a Reuters request, #Aqua1Foundation last month provided an unsigned statement, saying: “At this stage, we are not disclosing additional information beyond what has been publicly shared.”

It added: “Aqua 1 is backed by a group of long-term, mission-aligned partners & led by #DaveLee & a global team with deep expertise in web3 & digital asset infrastructure.” Aqua 1 did not respond to a detailed set of questions….

#Trump#WorldLibertyFinancial #crypto#DarkMoney #emoluments

Yet a review by Reuters of corporate registries, #Aqua1Foundation’s digital profile & other public information reveal almost nothing about the source of its capital or the person it named as its founding partner, #DaveLee.

Reuters could not find a way of contacting Lee directly. An Aqua 1 press release, which was published on Reuters.com as sponsored content, listed an email for a person named Dora Lee as a media contact.

#Trump#WorldLibertyFinancial #crypto#DarkMoney #emoluments

Of all the riddles wrapped in the digital wallets sending funds to #Trump’s #WorldLibertyFinancial #crypto business, a little-known entity last month became the biggest.

A venture calling itself #Aqua1Foundation & saying it is based in the #UAE announced in late June it had bought $100 million worth of World Liberty’s crypto tokens, becoming the largest publicly known investor in the business.

#DarkMoney #emoluments
https://www.reuters.com/business/finance/trumps-100-million-crypto-mystery-man-2025-07-11/

#TrumpMedia approves $400M stock buyback

The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.

#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.

Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.

#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html