Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BumRushDaShow

(152,308 posts)
Wed May 14, 2025, 02:59 PM 18 hrs ago

Trump Confronted on Air Force One by NY Times Over $2 Billion Crypto Deal

Source: MEDIAite

May 14th, 2025, 11:47 am


President Donald Trump was confronted aboard Air Force One by New York Times White House reporter Jonathan Swan over a $2 billion foreign deal that’s being paid for with Trump crypto.

Trump is currently on a four-day swing through the Persian Gulf region with stops in Saudi Arabia, Qatar, and the United Arab Emirates, which has been dogged by the controversy over his eager acceptance of a $400 million “flying palace” from Qatar to serve as Air Force One.

The trip has also drawn attention to Trump’s family businesses, including the cryptocurrency firm World Liberty Financial. That company’s USD1 currency was selected by state-owned UAE firm MGX to pay for a $2 billion investment in Binance earlier this month. The deal was announced by WLF co-founder Zach Witkoff, son of Trump Middle East Envoy Steve Witkoff.

During a press gaggle aboard Air Force One en route to Doha, Qatar, on Wednesday, Swan asked Trump about the deal. The president claimed not to know about it, but declared himself “a crypto fan”:

JONATHAN SWAN: Mr. President, an Emirati government-backed firm did a $2 billion deal–.

PRESIDENT DONALD TRUMP: What?

JONATHAN SWAN: An Emirati government-backed firm did a $2 billion deal using the Trump digital coins. How did that deal come about?

PRESIDENT DONALD TRUMP: I don’t know anything about it. I really don’t know anything about it. But I’m a big crypto fan, I will tell you. I’ve been that from the beginning, right from the campaign. I’m a believer in crypto.


Read more: https://www.mediaite.com/news/trump-confronted-on-air-force-one-over-2-billion-crypto-deal/



They don't even have to hide the rank criminality any more. It's all out in the open.
23 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump Confronted on Air Force One by NY Times Over $2 Billion Crypto Deal (Original Post) BumRushDaShow 18 hrs ago OP
I would suggest that Trump lying about it BootinUp 18 hrs ago #1
Why no reporter ever asks intrepidity 18 hrs ago #2
IOKIYAR and it drives me insane LymphocyteLover 16 hrs ago #11
This is from a man who says the "good parts" of the economy are his doing, but the bad parts are all on Biden. Intractable 18 hrs ago #3
"They don't even have to hide the rank criminality any more." PatSeg 18 hrs ago #4
Nope DENVERPOPS 16 hrs ago #20
I am surprised TSF didn't have the reporter tossed off the airplane... sheshe2 18 hrs ago #5
Oh I expect that reporter will be outta there post haste BumRushDaShow 17 hrs ago #6
True dat. 😱 sheshe2 17 hrs ago #9
That was my reaction as well PatSeg 16 hrs ago #21
that'll probably start happening soon FoxNewsSucks 16 hrs ago #12
Nothing would surprise me anymore. sheshe2 16 hrs ago #14
You think trump would EVER punish a NY Times reporter? Paladin 16 hrs ago #18
Of course he would...... DENVERPOPS 16 hrs ago #22
The "deal" is just a gift Diraven 17 hrs ago #7
Deny, deny, yada. twodogsbarking 17 hrs ago #8
Readability Analyzer on Trump's quote, Flesch-Kincaid grade level: 3.52 tanyev 17 hrs ago #10
Never has anyone known so little about so much Orrex 16 hrs ago #13
I really don't know anything about it. Botany 16 hrs ago #15
The Sgt Shultz defense Deminpenn 16 hrs ago #16
MF'er hasn't a single inkling on what crypto is or does... EarthFirst 16 hrs ago #17
Magic money Godot51 16 hrs ago #19
And it is easier to laundry money. republianmushroom 12 hrs ago #23

intrepidity

(8,274 posts)
2. Why no reporter ever asks
Wed May 14, 2025, 03:04 PM
18 hrs ago

Why he kept calling Biden corrupt when his family does 1000x worse and so blatantly???

Intractable

(1,009 posts)
3. This is from a man who says the "good parts" of the economy are his doing, but the bad parts are all on Biden.
Wed May 14, 2025, 03:21 PM
18 hrs ago

PatSeg

(50,173 posts)
4. "They don't even have to hide the rank criminality any more."
Wed May 14, 2025, 03:36 PM
18 hrs ago

Yep, he'll just deny, deny, deny and get away with it as usual.

DENVERPOPS

(12,122 posts)
20. Nope
Wed May 14, 2025, 05:32 PM
16 hrs ago

because the have the U.S. Senate and U.S House, as well as the U. S. SUPREME COURT, in their front pockets, so they can stuff their back pockets and cry all the way to the bank......(or more likely their secret off shore accounts)

sheshe2

(92,000 posts)
5. I am surprised TSF didn't have the reporter tossed off the airplane...
Wed May 14, 2025, 03:37 PM
18 hrs ago

Without a parachute. Just saying.

Paladin

(30,345 posts)
18. You think trump would EVER punish a NY Times reporter?
Wed May 14, 2025, 05:22 PM
16 hrs ago

After all the Goddamned FAVORS that rag has done on his behalf, particularly during the last campaign? Hey, trump's a moron without a doubt---but he recognizes good help when he sees it. And that's what the once-proud NY Times has devolved into: Good help for trump.

Don't get me started...

DENVERPOPS

(12,122 posts)
22. Of course he would......
Wed May 14, 2025, 05:35 PM
16 hrs ago

He has already turned against his voters, select corporations, and recently the U.S. Supreme Court Justices.....

What bothered me, was that for a month before the election, they were already saying any crap that came to their minds.
I thought......don't you usually wait until after the election so you won't lose votes/?????????
Then I thought; It sounds like the are indirectly signaling that the election is fixed.......

Diraven

(1,383 posts)
7. The "deal" is just a gift
Wed May 14, 2025, 03:54 PM
17 hrs ago

The USD1 crypto was just created out of thin air. They simply proclaimed they owned billions of them and they're all worth exactly a dollar. Poof! So they were essentially just given this $2 billion investment for free. The only thing that gives the new owners of these USD1 anything in return is that the crypto can be theoretically traded again in turn.

EarthFirst

(3,655 posts)
17. MF'er hasn't a single inkling on what crypto is or does...
Wed May 14, 2025, 05:01 PM
16 hrs ago

Whether it’s legal; shady; illegal; violates campaign finance laws or what the supposed technology behind the blockchain actually does according to the cryptocurrency scheme.

All he knows is that it’s money. That’s it.

Same can be said about tariffs; taxes or any host of matters related to finance.

He hasn’t a fucking clue; yet pretends to be the smartest man in the room on the topic.

Fuck this guy!

Godot51

(460 posts)
19. Magic money
Wed May 14, 2025, 05:30 PM
16 hrs ago

Of course "he" doesn't know.

But, it is true that "he" is a big crypto fan.

Every billionaire loves money that simply appears out of thin air (or, in this case, out of a computer program's imagination).

Still, as you know, money doesn't grow on trees..

Latest Discussions»Latest Breaking News»Trump Confronted on Air F...