Tahnoon-chaired MGX selects USD1 for the Binance investment
Reporting and findings
- reported
MGX identifies Sheikh Tahnoon as its board chair, while Reuters reported that MGX would use $2 billion of World Liberty Financial's USD1 to close its Binance investment.
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- The White House: President Donald Trump Hosts UAE Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan
- Associated Press: Trump family deal spree could open door for future presidents to profit from office
- Public Citizen: Conflict Coin: How the Trumps' Billion-Dollar Crypto Stake Depends on a Company That Helped Iran Evade Sanctions
Summary and current status
Tahnoon chaired MGX when it selected World Liberty Financial's USD1 to settle its $2 billion Binance investment.
Tahnoon-chaired MGX selected USD1 for the $2 billion Binance investment
People and organizations
- Sheikh Tahnoon bin Zayed Al NahyanTrump-hosted UAE adviser and MGX chair
- Donald J. Trumpnetwork root
Relationships in this file
- Donald J. TrumpTrump-hosted MGX chair in USD1 transactionSheikh Tahnoon bin Zayed Al Nahyan
Money trail
investmentTahnoon-chaired MGX investment settled through USD1$2 billion - Reported investor / source
- MGX
- Reported investment recipient
- Binance