Of all the unknowns surrounding the digital wallets sending funds to U.S. President Donald Trump’s World Liberty Financial crypto business, an entity calling itself the Aqua 1 Foundation has become the biggest. https://www.japantimes.co.jp/business/2025/07/14/tech/trump-crypto-mystery-man/?utm_medium=Social&utm_source=mastodon #business #tech #cryptocurrencies #us #donaldtrump #trade #tariffs #republicans

"If Aqua 1 Foundation has been working with World Liberty Financial since the president’s primary crypto venture launched in September 2024, there’s little to no evidence of the relationship in the public record. Trump did travel to the UAE in May 2025, where he announced “over $200 billion in commercial deals between the United States and the United Arab Emirates.” Two weeks later, someone began registering websites and social media accounts for Aqua 1 Foundation.

The president’s latest crypto benefactors, whoever they turn out to be, stand to gain enormously from their $100 million investment. Until now, the $WLFI token has only been a “governance token,” granting its holders the right to vote on proposed changes to the World Liberty Financial platform. But the token itself has been nontransferrable—meaning that anyone buying it was putting money into a token that couldn’t be sold or moved. That’s about to change. World Liberty Financial recently put out a vote to “unlock” $WLFI tokens, allowing them to be moved between wallets—a change that won the fulsome support from the current holders of $WLFI. Soon, $WLFI will be tradable on public markets, and its early backers will be able to cash out—ensuring, in turn, that the most flagrantly corrupt president in American history will once again line his pockets."

https://www.thenation.com/article/archive/trump-crypto-world-liberty-financial-aqua-1-foundation/#

#USA#Trump#Crypto#Cryptocurrencies#Aqua1Foundation#WLFI#Kleptocracy

A rise in physical attacks on digital-asset holders says a lot about the trade-offs of a cashless society. https://www.japantimes.co.jp/commentary/2025/07/11/world/crypto-crime-is-future/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #cryptocurrencies #money #crime #hackers #bitcoin

Binance plans to keep hundreds of remote workers in Singapore despite a crackdown on unlicensed cryptocurrency outfits in the city-state. https://www.japantimes.co.jp/business/2025/07/02/tech/binance-staff-singapore-crackdown/?utm_medium=Social&utm_source=mastodon #business #tech #binance#richardteng #singapore #cryptocurrencies

China is preparing to counter the threat of U.S.-backed digital dollars by leveraging its powerful e-commerce firms and Hong Kong’s crypto-friendly financial system to promote stablecoins tied to local currencies. https://www.japantimes.co.jp/commentary/2025/06/30/world/china-ready-for-us-stablecoins/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #hongkong #stablecoin #crypto #blockchain #ecommerce #libra #digitaldollars #cryptocurrencies