4/ one thing i wonder about that is not covered in the substack post is whether china ended up taking over part of Epstein's financial operations. i can offer only weak evidence for this theory but among other things:
a) Epstein died 3 months after the first and by far largest crypto #stablecoin (#Tether) really started ramping up its chinese operations by bringing #JustinSun on board.
b) Epstein was in regular correspondence with at least one of the founders of #Tether at the time the company was founded
c) i have heard a lot of rumours from semi-credible people in the asian crypto industry that Tether started as a russian money laundry before evolving into a chinese money laundry. even putting those rumours aside it's been extensively reported that #Tether moves enormous amounts of money for Russian oligarchs, organized crime groups, and middle eastern autocracies, AKA "the same kind of people that hung out with jeffrey epstein"
d) there's almost no asian women in epstein's correspondence of any kind but then suddenly a few years before his death epstein starts emailing at least two young chinese girls. he flies both of them from china to the US and IIRC maybe europe too.
@Skwerlgyrl yes, they are now suing each other. it's scammer on scammer violence and the proper response is to root for the bullets.
but CZ is only marginally better than justin sun and he's still very much in business with both the trump fam as well as His Excellency.
the big picture is that the chinese oligarchs are just much better than their american competitors at building businesses under corrupt and authoritarian regimes. an american investor looks at the TRUMP memecoin and is like "lol wtf". Justin Sun immediately puts in tens of millions of dollars.
here's #CZ and #JustinSun in #Pakistan, which you'll note has been in the news a lot lately.
What started as a bitter argument on social media has turned into a full-blown legal war. Justin Sun, one of the biggest names in the global cryptocurrency world, and World Liberty Financial...
https://dmarketforces.com/justin-sun-and-trumps-crypto-venture-take-their-feud-to-court/
good read on what Trump's #crypto project #WorldLibertyFinancial actually is and does (or doesn't do)
https://www.motherjones.com/politics/2026/04/trump-world-liberty-financial-token-price-usd1/
#JustinSun #uspol #corruption #cryptocurrency #WLFI #USD1 #stablecoin #stablecoins #Dubai #UAE #defi
Justin Sun accuses the Trump family's World Liberty Financial of 'Criminal Extortion'
An awkward detail (that I'm not sure has been reported) is in 2025 Tron Inc majority owned by Sun's father signed a lease agreement for 2,791 sq feet in Trump Tower NYC through 2028
SEC filing for Tron Inc with details on lease agreement:
https://www.sec.gov/Archives/edgar/data/1956744/000149315226012723/form10-k.htm#G_021
qwant news | Trump-Owned Company Scores Defense Contract From Trump Administration
AI generated summary, Read the full article for complete information.
A Bloomberg report reveals that the U.S. Air Force will purchase interceptor drones from Powerus, a West Palm Beach company partially owned by President Donald Trump’s sons, Donald Jr. and Eric Trump. After a demonstration in Arizona, the military agreed to buy an undisclosed quantity of the drones, marking Powerus’s first weapons sale to the U.S. armed forces and reflecting a broader push to counter inexpensive Iranian attack drones with cheaper interceptors. Critics, including a Washington University law professor, have called the deal “corruption,” noting the potential pressure on government officials to favor contracts that enrich the president’s family. The article also notes that Eric Trump recently appeared on Fox Business after his firm Foundation Industries secured a $24 million Department of Defense contract to develop battlefield humanoid robots, and that his World Liberty Financial venture is facing a breach‑of‑contract lawsuit from billionaire investor Justin Sun.
#DonaldTrump #DonaldJr #EricTrump #Powerus #DonaldTrumpJr #BrettVelicovich #KathleenClark #JustinSun
The Daily Beast Latest Articles | Eric Trump Vanishes From Troubled Firm as Crypto Woes Mount by Leigh Kimmins
AI generated summary, Read the full article for complete information.
Eric Trump has been quietly removed from the leadership page of Alt5 Sigma Corp.—now rebranding as AI Financial Corp.—a Las Vegas fintech firm closely tied to his family’s crypto venture, World Liberty Financial. Once listed as a board director (later reduced to a non‑voting board observer), his name vanished by early March amid mounting legal and financial turmoil for the Trump‑linked crypto project. The company, which had previously stockpiled World Liberty tokens, is now facing a high‑profile lawsuit from crypto billionaire Justin Sun, who accuses it of extortion and freezing his tokens, costing him $276 million in potential gains. Alt5’s shares have plummeted about 90 % since the token announcement, it reported a $341 million loss in its most recent fiscal year, and it warned of “substantial doubts” about surviving another year. The firm’s leadership has also been unstable, cycling through three CEOs in a few weeks and enduring internal investigations, while the broader Trump crypto empire sees declining token values and ongoing legal challenges.
Read more: https://www.thedailybeast.com/eric-trump-vanishes-from-troubled-firm-as-crypto-woes-mount/
Mother Jones | Why Trump’s Crypto Empire Is in Chaos by Russ Choma
AI generated summary, Read the full article for complete information.
World Liberty Financial, a Trump‑family‑founded DeFi company launched in 2024, has become a lucrative but troubled crypto venture: it sold WLFI governance tokens and private stock that have raised over $550 million, netting the Trumps at least $57 million and a $187 million cash‑out from a $500 million stake sold to UAE billionaire Sheikh Tahnoon. The company’s stablecoin USD1 gained credibility after a $2 billion Binance deal, yet its WLFI token price has slumped more than 80 % since its 2024 peak, falling to under 10 cents amid concerns over complex loan arrangements that used the tokens as collateral with firms like Alt5 and Dolomite. Critics question the viability of DeFi and cite potential conflicts of interest and opaque governance, while investors remain uneasy about insider‑controlled voting rights and the lack of meaningful token votes. The turmoil escalated when major investor Justin Sun, after having his accounts frozen, sued World Liberty, underscoring the legal and financial instability surrounding the Trump‑linked crypto enterprise.
Read more: https://www.motherjones.com/politics/2026/04/trump-world-liberty-financial-token-price-usd1/
Business | Hiltzik: A crypto mogul's lawsuit against a Trump-linked crypto firm shows the peril of investing with Trump by Michael Hiltzik
AI generated summary, Read the full article for complete information.
Justin Sun, the billionaire founder of Tron, has sued World Liberty Financial (WLF)—a Trump‑family‑backed crypto venture—claiming the firm froze his $45 million worth of WLFI governance tokens, threatened to “burn” them, and pressured him into further investments after he initially put $75 million into the company; Sun alleges WLF secretly changed its token rules to restrict transfers without a vote, effectively seizing control of investors’ assets, while the firm, whose co‑founders include Donald Jr., Eric and Barron Trump, denies the accusations and calls the suit meritless. The dispute highlights broader concerns about the risks of Trump‑linked crypto projects, the lack of regulatory oversight as the SEC scales back enforcement, and the volatility and opacity that continue to plague the cryptocurrency industry.
⚯ Michel de Cryptadamus ⚯
MarketForces Africa
The Japan Times
Wendy Siegelman
The Bad Place
