On May 23, the Wall Street Journal cited sources as saying that Trump's Middle East envoy Steve Witkoff flew to the UAE a month before Trump took office to discuss regional issues and participated in a secret-themed meeting. Steve Witkoff's son, Zach Witkoff, founder of World Liberty Financial, compares Trump to the "Godfather" when promoting cryptocurrency companies, saying that WLFI will be able to take full advantage of the changing cryptocurrency regulatory policies in the United States. Zach Witkoff had met with several senior government officials in Pakistan, and a few weeks later, these officials negotiated a ceasefire agreement between India and Pakistan with the Trump administration. Zach Witkoff proposed to them that WLFI could "tokenize" the buying and selling of the country's rare earth minerals using blockchain technology.
CZ, the founder of Binance, helped WLFI arrange some overseas trips. A WLFI spokesperson said that CZ is just a friend of Zach Witkoff's, not a "middleman."
In addition, the WLFI team has also discussed token purchases with other companies in the Gulf region, hinting that such transactions could benefit their expansion plans in the United States. However, a company spokesperson denied this.
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