Breathtaking corruption is Trump's business as usual
By Brad Reed for Common Dreams
According to the Journal’s sources,
lieutenants of Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan signed a deal
in early 2025 to buy a 49% stake in World Liberty Financial, the startup
founded by members of the Trump family and the family of Trump Middle East
envoy Steve Witkoff.
Documents reviewed by the Journal showed
that the buyers in the deal agreed to “pay half up front, steering $187 million
to Trump family entities,” while “at least $31 million was also slated to flow
to entities affiliated with” the Witkoff family.
Weeks after green lighting the investment into the Trump
crypto venture, Tahnoon met directly with Donald Trump and
Witkoff in the White
House, where he reportedly expressed interest in working with the US on
AI-related technology.
Two months after this, the Journal noted,
“the administration committed to give the tiny Gulf monarchy access to around
500,000 of the most advanced AI chips a year—enough to build one of the world’s
biggest AI data center clusters.”
Tahnoon in the past had tried to get US officials to give the UAE access to the chips, but was rebuffed on concerns that the cutting-edge technology could be passed along to top US geopolitical rival China, wrote the Journal.
Many observers expressed shock at the Journal’s report,
with some critics saying that it showed Trump and his associates were engaging
in a criminal bribery scheme.
“This was a bribe,” wrote Melanie D’Arrigo, executive director of the
Campaign for New York Health, in a social media post.
“UAE royals gave the Trump family $500 million, and Trump, in his presidential
capacity, gave them access to tightly guarded American AI chips. The most
powerful person on the planet, also happens to be the most shamelessly
corrupt.”
Jesse Eisinger, reporter and editor at ProPublica, argued that the Abu Dhabi investment into the Trump
cypto firm “should rank among the greatest US scandals ever.”
Democratic strategist David Axelrod also said that the scope
of the Trump crypto investment scandal was historic in nature.
“In any other time or presidency, this story... would be
an earthquake of
a scandal,” he wrote.
“The size, scope and implications of it are unprecedented and mind-boggling.”
Tommy Vietor, co-host of “Pod Save America,” struggled to
wrap his head around the scale of corruption on
display.
“How do you add up the cost of corruption this massive?”
he wondered. “It’s not just that Trump is selling advanced AI
tech to the highest bidder, national security be damned. Its that he’s tapped
that doofus Steve Witkoff as an international emissary so his son Zach
Witkoff can mop up bribes.”
Former Rep. Tom Malinkowski (D-NJ) warned the Trump and his
associates that they could wind up paying a severe price for their deal with
the UAE.
“If a future administration finds that such payments to the
Trump family were acts of corruption,” he wrote,
“these people could be sanctioned under the Global Magnitsky Act, and the
assets in the US could potentially be frozen.”
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