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The Crypto President: Part 2

4/25/202626 min

Four days before Donald Trump’s second inauguration, an Emirati royal known as the “spy sheikh” secretly purchased a stake in Trump's cryptocurrency venture World Liberty Financial for half a billion dollars. In the second of two episodes about World Liberty Financial, WSJ’s Rebecca Ballhaus details what the Sheikh received from the Trump Administration following his deal with the Trump family’s crypto company. Hosted by Jessica Mendoza. Further Listening: - The Crypto President: Part 1

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Clips

Tahnoon Targets Trump Era
The Secret Half-Billion Buy
What Were They Buying?
Self-Endorsement In Disguise
Unusual White House Access
Why The Rules Don’t Apply
A New Diplomatic Playbook

Transcript preview

First 90 seconds

  1. Eric Trump· Soundbite0:00

    [dramatic music] Bitcoiners, how's everybody doing?

  2. Jessica Mendoza· Host0:08

    [cheering] One month after President Trump won re-election, his son Eric grabbed a microphone and jogged up some stairs to the main stage of a major crypto conference in Abu Dhabi.

  3. Eric Trump· Soundbite0:21

    Are you happy we have a new president in the United States? Please tell me you're happy.

  4. Jessica Mendoza· Host0:24

    [cheering] This was the same United Arab Emirates crypto conference you heard about in the last episode. Eric was the keynote speaker. He wore a navy suit, crisp white shirt, no tie, tucked in above a silver belt buckle, his blonde hair slicked back.

  5. Eric Trump· Soundbite0:40

    Obviously, to all our friends in the UAE, this country is amazing. How many people in here are from the UAE? [cheering] Our family loves you. Our family loves you.

  6. Jessica Mendoza· Host0:51

    [instrumental music] What did you make of Eric Trump's speech at the time?

  7. Rebecca Ballhaus· Guest0:57

    I think at the time it was something we really glossed over, but I think in light of the deal that we later learned about, it certainly sticks out a lot more.

  8. Jessica Mendoza· Host1:06

    That's our colleague, Rebecca Ballhaus. She's part of the Wall Street Journal reporting team that's been investigating the Trump family's crypto venture, World Liberty Financial.

  9. Rebecca Ballhaus· Guest1:17

    I've been focusing in the past year or so mostly on the Trump family and the various ways that they've been profiting from the presidency.

  10. Jessica Mendoza· Host1:25

    In less than two years, World Liberty Financial has earned

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