Overview

• In a CNBC interview, Eric Trump denied any link between Abu Dhabi firm MGX’s $2 billion move into Binance via World Liberty’s USD1 stablecoin and the UAE’s subsequent access to advanced U.S. chips, a connection also rejected by the White House and World Liberty.
• World Liberty’s USD1 supply has grown to about $2.7 billion, and listings of the WLFI token have produced large on‑paper gains for the Trump family.
• Eric Trump told Bloomberg he turned to crypto after banks curtailed services to Trump businesses and said he owns roughly 7.5% of American Bitcoin with a pledge to keep those shares locked for the long term.
• Steve Witkoff, a Trump envoy with ties to World Liberty, has submitted disclosures and is working on divestment as records indicate crypto‑linked holdings remain in his portfolio.
• Donald Trump has threatened a $15 billion defamation lawsuit against the New York Times over reporting on the UAE crypto transaction and chip approvals.