Il Fatto Quotidiano: Financial Times: “Eric Trump con il padre in Cina mentre una sua società cerca accordi con Pechino”

Un nuovo conflitto di interessi per la famiglia e l’amministrazione Trump. Eric, terzogenito del presidente degli Stati Uniti, è impegnato con il padre nella visita di Stato a Pechino mentre una società a lui collegata sta valutando un accordo con un produttore cinese di microchip che, nelle valutazioni dei parlamentari americani, sarebbe connesso al Partito comunista cinese. Lo riporta il Financial Times.
La società fintech in questione, Alt5 Sigma, ha sede a Las Vegas e legami finanziari connessi al settore delle criptovalute della famiglia Trump (la World Liberty Financial): ha firmato il mese scorso un memorandum d’intesa con Nano Labs per la costruzione di data center negli Stati Uniti. Secondo i documenti depositati presso le autorità di vigilanza americane, nel 2025 Eric Trump è stato nominato ‘osservatore’ all’interno del consiglio di amministrazione di Alt5 Sigma. A presiedere il consiglio è Zach Witkoff, figlio di Steve Witkoff, inviato del tycoon per il Medio Oriente.
Alt5 Sigma e Nano hanno riferito che si avvarranno del “periodo di valutazione di 90 giorni” per esaminare ulteriori possibilità di collaborazione in ambiti quali i data center per l’intelligenza artificiale (IA), le piattaforme basate su cloud per agenti IA e i sistemi di pagamento nativi per l’IA. Le due società hanno inoltre precisato che “qualsiasi futura collaborazione rimane soggetta a ulteriori negoziazioni”.
L'articolo Financial Times: “Eric Trump con il padre in Cina mentre una sua società cerca accordi con Pechino” proviene da Il Fatto Quotidiano.

Financial Times: “Eric Trump with his father in China while his company seeks deals with Beijing”

A new conflict of interest for the Trump family and administration. Eric, the president’s third-born son, is engaged with his father during the state visit to Beijing while a company linked to him is evaluating an agreement with a Chinese microchip manufacturer that, according to assessments by American parliamentarians, would be connected to the Chinese Communist Party. This is reported by the Financial Times.

The fintech company in question, Alt5 Sigma, is based in Las Vegas and has financial links connected to the Trump family’s cryptocurrency sector (World Liberty Financial): it signed a memorandum of understanding with Nano Labs last month to build data centers in the United States. According to documents filed with US regulatory authorities, Eric Trump was appointed ‘observer’ within the Alt5 Sigma board of directors in 2025. Zach Witkoff, son of Steve Witkoff, a tycoon’s envoy for the Middle East, chairs the board.

Alt5 Sigma and Nano have stated that they will avail themselves of the “90-day evaluation period” to examine further collaboration possibilities in areas such as data centers for artificial intelligence (AI), cloud-based platforms for AI agents, and native payment systems for AI. The two companies also clarified that “any future collaboration remains subject to further negotiations.”

The Financial Times article: “Eric Trump with his father in China while a company of his is seeking deals with Beijing” is from Il Fatto Quotidiano.

#FinancialTimes #EricTrump #China #Beijing #Trump #third #Chinese #American #theFinancialTimes #Alt5Sigma #LasVegas #NanoLabs #theUnitedStates #ZachWitkoff #SteveWitkoff #theMiddleEast #IlFattoQuotidiano

https://www.ilfattoquotidiano.it/2026/05/14/eric-trump-cina-conflitto-interessi-notizie/8385707/

Business | Hiltzik: A crypto mogul's lawsuit against a Trump-linked crypto firm shows the peril of investing with Trump by Michael Hiltzik

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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.

Read more: https://www.latimes.com/business/story/2026-04-28/a-crypto-moguls-case-against-a-trump-crypto-firm-shows-the-peril-of-investing-with-trump

#JustinSun #ZachWitkoff #WorldLiberty #SEC #Trumpfamily

The Daily Beast Latest Articles | Don Jr.’s BFF Told to ‘Stop Dropping Names’ in Wild Drug Bust by Catherine Bouris

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Zach Witkoff, the 28‑year‑old son of Steve Witkoff—President Donald Trump’s Special Envoy to the Middle East—and co‑founder of the Trump‑linked cryptocurrency firm World Liberty Financial, was arrested on New Year’s Day 2022 after an altercation outside Miami’s E11EVEN nightclub; body‑cam footage shows him trying to re‑enter the club, getting into a physical fight, and being searched, during which police found a bag of cocaine, leading to charges of disorderly conduct, resisting arrest and felony possession of cocaine. Witkoff later claimed the drugs were not his and that he was assaulted, but prosecutors eventually dropped the felony cocaine charge and the resisting‑arrest count, and he entered a not‑guilty plea. The incident highlights the firm’s broader controversy—where the Trump sons hold a 60 % stake and have seen crypto investments lose about $1 billion in a year—and a recent lawsuit by billionaire investor Justin Sun accusing World Liberty Financial of criminal extortion after it froze his assets.

Read more: https://www.thedailybeast.com/don-jrs-bff-zach-witkoff-told-to-stop-dropping-names-in-wild-drug-bust/

#WorldLiberty #DonaldTrump #DonaldJr #EricTrump #JustinSun #ZachWitkoff #SteveWitkoff #DonaldTrumpJr.

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Home - CBSNews.com | Crypto mogul sues Trump family's World Liberty Financial, alleging fraud

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Cryptocurrency billionaire Justin Sun has filed a lawsuit in California federal court against World Liberty Financial, the crypto venture co‑founded by former President Donald Trump and his sons, claiming the company illegally froze his tokens—worth up to $1 billion—and prevented him from selling them while pressuring him to invest “hundreds of millions of dollars” to mint a new stablecoin. Sun alleges that World Liberty executives, including co‑founder Zach Witkoff and Chase Herro, leveraged the Trump brand to conduct a fraudulent scheme that stripped him of voting rights on governance proposals and threatened to “burn” his tokens, despite his status as one of the firm’s anchor investors. Witkoff dismissed the accusations as meritless, asserting Sun’s misconduct forced the company to protect its users, while Sun maintains he remains a Trump supporter and argues the actions would not be condoned by the former president.

Read more: https://www.cbsnews.com/news/justin-sun-sues-trump-world-liberty-crypto-tokens/

#JustinSun #DonaldTrump #WorldLiberty #Tron #USD1 #ZachWitkoff #ChaseHerro

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Mother Jones | The Trump Family’s Crypto Venture Is Being Sued by Its Own Billionaire Backer by Alex Nguyen

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The Trump family’s crypto venture, World Liberty Financial, is being sued by billionaire investor and TRON founder Justin Sun, who alleges the firm illegally froze his token holdings, stripped his voting rights and threatened to destroy his tokens after he invested $75 million (including a $30 million seed investment and $45 million for 3 billion tokens now worth about $320 million). Sun, while still supporting Trump’s pro‑crypto agenda, says the lawsuit targets “certain individuals” at World Liberty whose actions contradict the former president’s values; co‑founder Zach Witkoff dismissed the complaint as a “desperate attempt to deflect attention” from Sun’s own misconduct. The dispute follows a broader backdrop of SEC investigations that were paused after Trump took office, with Sun recently settling his own SEC case for $10 million. According to the Wall Street Journal, the Trump family has so far earned roughly $1 billion from token sales, taking 75 percent of net proceeds since the project’s launch in 2024.

Read more: https://www.motherjones.com/politics/2026/04/the-trump-familys-crypto-venture-is-being-sued-by-its-own-billionaire-backer/

#Trumpfamily #WorldLiberty #JustinSun #SEC #ZachWitkoff

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Trump's #stablecoin #USD1 has been issued on Justin Sun's Tron blockchain, AKA "the global organized crime blockchain where ~$70 billion worth of Tether lives”.

All of these factors put together amount to literally a license for Donald Trump to run his own Federal Reserve, printing unbacked dollar equivalents whenever he wants.

What could go wrong?
https://x.com/SilvermanJacob/status/1933284401540182648

#JustinSun #Tron #stablecoins #GeniusAct #crime #corruption #uspol #uspolitics #Trump #FederalReserve #finance #SteveWitkoff #ZachWitkoff #WorldLibertyFinancial #WLFI #Kleptocracy

i'm having trouble understanding why Senator Chris Murphy, who in many ways is the very embodiment of what it means to be a dude from #Connecticut, is the only member of Congress who seems to sufficiently both understand and relentlessly harp on the Trump family's crypto corruption but he's doing a great job and I'm here for it (even if he doesn't go into the fact that Trump is collaborating with Chinese organized crime companies and personalities like #Binance and Justin Sun)

Why is this kind of simple explanation of corruption so hard for the rest of the #Democrats?

https://www.youtube.com/watch?v=mR_q9llV-70

#ChrisMurphy #uspol #uspolitics #corruption #trump #TrumpCoin #Qatar #memecoin #WorldLibertyFinancial #WLFI #ZachWitkoff #USD1 #Senate #emoluments #emolumentsclause #stablecoin #UAE #Dubai

incredible lineup at #Token2049 on the "OKX Main Stage"

(Justin Sun is possibly the most infamous scammer in the entire crypto industry; OKX is a chinese crypto exchange beloved by fentanyl traffickers and other criminals. also NYC mayor Eric Adams's favorite exchange)

#JustinSun #EricTrump #Trump #uspol #corruption #SteveWitkoff #ZachWitkoff #WLFI #WorldLibertyFinancial #Dubai #Singapore