The most notable cryptocurrency conference, Token2049, was recently held at the Madinat Jumeirah resort in Dubai. The conference was attended by many prominent figures, with tickets priced anywhere from one thousand to five thousand dollars. Eric Trump, along with Zach Witkoff, attended the conference, both of whom are connected with Donald Trump—Zach is identified as the son of Trump’s special envoy for the Middle East, Steve Witkoff. According to the Wall Street Journal, the two-day conference was considered a “wild” event.
Event Atmosphere and Activities
from the outstanding cryptocurrencies to the more general domains of business and technology. During the WSJ report, it was quoted, “Among other buzzworthy moments from the event were giant whale mascots in spacesuits waiting in line to grab lunch.” Apparently, crypto-marked banknotes were also reported to be flying in the air during an event dubbed “Money Rain.” Many participants were said to have attended the event while in astonishing outfits, including a few in cartoon-style flying silver tuxedos and cyborg sunglasses. A few other quotes are “they got the chance to zip line across the canals of the resort, get their picture taken on a camel dressed in the logo of the crypto exchange, and wear bets with shimmering tuxedos or suits with a gold chain belt on zoom in emblem sunglasses,” which violates adornment. NFTs bestowed to the supporters shrunk on issued tokens verge endured patrons who went to heroes, and the organizers served exceeded rent-free champagne flutes. In the new style, not Washington, boasted Blakely, They easily exceeded the honorary temperature of 107 degrees.”
Controversial VIP guests
Some people who were attending the event as VIPs were former convicts, as per a report by The Wall Street Journal. The report suggested that the motives for the attendees’ past arrests were, for most of them, moot within the context of the gathering. Some of these questionable characters were mentioned as well. Among the attendees was Changpeng Zhao, purportedly the founder of the Binance exchange, who, as per reports, was released from a California prison in September and was welcomed by his followers. Also present was Arthur Hayes, convicted for money laundering and subjected to house arrest by the oversighting judiciary, who was purportedly heard saying it was time for the industry to go on the offense.
Trump’s Eric Expressions and His Attendance
Trump’s son Eric was, most probably, in Token2049 on the second day of the occasion. He attended the gathering and gave a speech. During the speech, he was quoted saying that crypto will dominate the big banks, and it was not the first time he expressed a position regarding the future of old-fashioned financial systems because of cryptocurrencies. His remarks and attendance highlight the level at which the interests of the Trump family become intertwined with the activities of the cryptocurrency industry Dominion. By their actions, the family members conduct international relations.
Crypto Ties of the Trump Family
The Trump family has several ties in the cryptocurrency industry. Eric Trump and his brother Donald Trump Jr. are said to run the family’s investment in World Liberty Financial. Witkoff Zach (contested) attended the Dubai event, so he surely co-founded this firm, right? Recently this month, Abu Dhabi-based DWF Labs purportedly claimed a $25 million deal to acquire tokens linked to World Liberty Financial, claiming to be one of the largest stakeholders of the company. In a related development announced this week, it’s reported that Eric Trump claimed that purchasers of apartments in a new proposed tower in Dubai will be able to pay with Bitcoins: the Trump Organization’s newest venture alongside a luxurious real estate firm.
Trump Tower Dubai Bitcoin Payment
Confirmed by Eric Trump, payment via Bitcoin is for sure accepted for the new planned tower in Dubai. This is an undertaking by the Trump Organization and a luxurious real estate developer. Accepting Bitcoin payments for such lavish properties in Dubai is a strong move for the Trump Organization, mortgaging their businesses in international markets.
