Emirati Firm’s $2-B Investment in Trump Crypto a Bigger Grift Than Qatari Plane "Gift"

A $400 million plane offered to President Donald Trump by Qatar may be a gaudy symbol of graft—but to some Democrats on Capitol Hill, it’s also a distraction.

Shady deals pale in comparison to the jaw-dropping $2 billion cash infusion from an Abu Dhabi firm into the Trump-backed World Liberty Financial stablecoin. I Image: World Liberty Financial Facebook

“The plane is the second-biggest scandal on this trip,” Sen. Chris Murphy (D-CT) told Raw Story. “The $2 billion crypto investment in Trump’s stablecoin [by an Emirati firm] is the more offensive grift,” Matt Laslo reported for Raw Story.

Back in 2016, when Trump first won the White House, conflicts of interest involving him and his company were veiled by a nominal separation between his business and political roles.

Now, Trump is unshackled. The president and his sons aren’t even pretending to shut down their business ventures—they’re expanding them, hungry for deals like the one signed in April to build a golf club in Qatar.

Trump is estimated to have earned $160 million from foreign entities during his first term, according to Citizens for Responsibility and Ethics in Washington, a watchdog group.

This time around, that figure is being eclipsed fast. From Trump’s November 2024 victory to his first month back in the Oval Office, the president pulled in close to $80 million.

That haul included multi-million-dollar deals to bolster Trump’s presidential library fund, while First Lady Melania Trump reportedly sold a documentary to Amazon for $40 million.

Now, those deals look like peanuts compared to the eye-popping $2 billion cash infusion into the Trump family–backed World Liberty Financial stablecoin digital currency from an Abu Dhabi firm—an investment drawing growing ire from Democrats.