#WhiteHouseDigitalAssetReport What Happened with Ali Dar’s Crypto Loss?
📌 The Reported Figures
It has been widely reported—including on Binance Square—that Ali Dar, son of Pakistan’s Foreign Minister Ishaq Dar, suffered a crypto-related loss around $100 million, with the timeframe cited as July 25–27, 2025 .
🤔 What Kind of Loss Was It?
According to TechJuice, the losses stemmed from two cryptocurrency ventures—Quint and PLANET—which were backed by investors mainly in Dubai/UAE, not Pakistan. These tokens ultimately collapsed, costing investors substantial sums .
Some reports note that no personal political funds from Pakistan were at play, implying this was part of private ventures rather than government-linked financing .
📰 Political and Social Impact
The situation made headlines when journalist Nadeem Malik alluded to it, prompting analysts like Usman Shami to provide further commentary and context, while deliberately omitting direct naming in early coverage .
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🔍 Community Reactions
From Reddit discussions:
> “Why do I have to use VPN to open this link... Is Pakistan now afraid of websites related to technology as well?” – highlights public curiosity mixed with skepticism .
> “Ali Dar, the son of Pakistan’s Deputy Prime Minister, is reportedly behind two cryptocurrency coins that tanked.” – summarizing the core narrative around the scandal .