Trump's crypto project in trouble: Chinese connection revealed, raising espionage concerns

The Trump family's crypto project has partnered with a Hong Kong-based platform that offers technology from Chinese companies defined as a threat to the United States. While the White House denies a conflict of interest, experts warn: "A hypocritical and dangerous move."

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Trump's crypto project in trouble: Chinese connection revealed, raising espionage concerns
Photo: ICE / דונלד טראמפ וסין (צילום shutterstock)

President Donald Trump's crypto project, "World Liberty," is collaborating with an artificial intelligence platform from Hong Kong. The central problem with this move is that nearly half of the services offered by the platform belong to technology giants from China, such as Alibaba and Baidu, which the US government itself has defined as a threat to national security. The platform accepts payments using the digital currency of Trump's company, which generates direct profits for the presidential family.

Some of the Chinese companies whose products are sold through the collaboration are on the US Department of Defense's blacklist due to their ties to the Chinese military. Other companies have been accused by the government of stealing technological knowledge from the United States. Despite all the warning signs, the president's sons have promoted the platform on social media. To date, the Trump family has raked in more than a billion dollars from its crypto project.

The White House stated in response that there is no conflict of interest and that the president acts solely for the public good. The crypto company, for its part, claimed that these are independent businesses and that other American companies also use technology from China. However, security experts warn of the dangers and criticize the move.

"There is a great deal of hypocrisy here: while the United States is fighting the technological threat from China, the president's family is profiting from it," experts stated.

In addition, there is a real fear that the use of these systems will expose users to tracking and espionage by the government in Beijing.

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