Eric Trump Drops Bombshell: Father Made Zero Profit From UAE-Binance Mega Deal

Trump Organization scion Eric Trump just dropped a financial bombshell—claiming his father walked away from the UAE-Binance partnership without pocketing a single dollar. The revelation shakes up ongoing narratives around political ties and crypto's biggest players.

Behind the Headlines

No financial gain—just strategic positioning. That’s the takeaway from Eric’s latest statement, deflecting speculation as regulatory scrutiny intensifies. The deal, once touted as a landmark alliance, now faces renewed skepticism.

Market Reactions & Hidden Agendas

Crypto markets barely flinched—BNB holds steady near its ATH, proving once again that money flows where whispers don’t. Meanwhile, traditional finance pundits can’t help but smirk: 'Another day, another dollar not made,' quipped one hedge fund manager. Classic.

Looking Ahead: Transparency or Theater?

With the FSA and international bodies tightening oversight, claims like these better come with receipts. In the world of high-stakes deals and higher egos, trust—but verify—remains the only rule that matters.

Trump-backed World Liberty under spotlight

World Liberty Financial, co-founded by the U.S. President Donald Trump and his three sons, has become central to the debate. MGX’s investment helped push USD1’s supply to about $2.66 billion, according to CoinMarketCap.

Earlier this month, the Trump family’s crypto wealth reportedly swelled by nearly $5 billion on paper after World Liberty’s WLFI token listed on several exchanges.

The project also includes real estate developer Steve Witkoff, a Trump envoy, and his son Zach. According to NYT, Witkoff still holds a stake in World Liberty. Both Eric and Donald Jr. are also active in American Bitcoin, a crypto mining and holding company.

Despite the timing of the deals, WHITE House and World Liberty spokespersons denied any connection. NYT noted there is no evidence of one deal was made in exchange for the other but said the back-to-back announcements tested the limits of ethics rules.

Eric, meanwhile, defended his family’s MOVE into crypto, stressing it came after banks cut ties with them. “Crypto came out of a necessity,” he said.

Also Read: World Liberty Fi’s USD1 Stablecoin Expands to BonkFun, Raydium