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Drudge Retort: The Other Side of the News
Sunday, February 01, 2026

An Abu Dhabi royal signed a secret deal with the Trump family to buy a stake in their cryptocurrency venture, the Wall Street Journal reported, citing company documents and people familiar with the matter. Emissaries of Sheikh Tahnoon bin Zayed Al Nahyan inked a deal with Eric Trump to purchase a 49% stake in World Liberty Financial for $500 million, four days before Donald Trump's inauguration last year, according to the WSJ.

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https://finance.yahoo.com/news/u-approves-sale-70-000-230518267.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAF_9vLwp_WQZMXOpIkCN2pMzmePpUHroqjhZt6ooAv7fWayph2IFg6potPCl1TsiV_JqrSm_0JP-wT-RbtPV34rE7nFvPgz_H-7-coeU6gfcVnHEpoQyXnmiS6sjb5ysoid-fPYTZJcFGeh7OYEbX62DkIsduiV0Yi0WkVZkZNf8

The U.S. Commerce Department plans to approve the sale of up to 70,000 advanced artificial-intelligence chips to companies in the United Arab Emirates and Saudi Arabia, marking a significant development for these Middle Eastern nations in the AI sector, The Wall Street Journal reported.

That mecca of cutting edge technology the United Arab Emirates

Thanks Magat Scum

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"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."

www.alternet.org

#1 | Posted by reinheitsgebot at 2026-02-01 02:17 PM | Reply

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