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Friday, December 5, 2025

5 Takeaways From The Times’s Investigation Into 2 Giant Deals Involving Trump

A $2 billion crypto deal and an agreement to sell valuable chips to the United Arab Emirates were intertwined in ways that have not been previously reported.

Two blockbuster agreements illustrate how profitable the extreme deal-making of the Trump era has become for the president and people in his inner circle.

One involved a $2 billion transaction by a government-backed firm in the United Arab Emirates using a cryptocurrency offered by World Liberty Financial — a company founded by the families of President Trump and a close adviser, Steve Witkoff.

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