Ryan Crosswell: UAE-linked firm takes $500 million stake in Trump crypto company

Ryan Crosswell: UAE-linked firm takes $500 million stake in Trump crypto company
UAE firm buys into Trump crypto company

Ryan Crosswell questions the ethics of an investment firm associated with the United Arab Emirates acquiring a $500 million stake in a cryptocurrency company linked to U.S. President Donald Trump. Crosswell points out that this large investment accounts for less than a quarter of the $2.2 billion total gains attributed to President Donald Trump.

Crosswell has previously discussed how U.S. taxpayers and pensioners contributed to SpaceX’s development and stock value. He noted the role of public investment in shaping private sector gains. Crosswell’s recent comments come amid increasing attention to the involvement of foreign and public capital in high-profile U.S. ventures.

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